Jay C. Hoag - Jul 26, 2023 Form 4 Insider Report for NETFLIX INC (NFLX)

Role: Director
Signature: /s/ Frederic D. Fenton, Authorized signatory for Jay C. Hoag
Stock symbol: NFLX
Transactions as of: Jul 26, 2023
Transactions value $: -$1,021,264
Form type: 4
Date filed: 7/28/2023, 06:20 PM
Previous filing: Jul 14, 2023
Next filing: Aug 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NFLX	Common Stock	Options Exercise	$35.3K	+301		$117.22	301	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.3K	+277	+92.03%	$127.49	578	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.3K	+251	+43.43%	$140.78	829	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.2K	+247	+29.79%	$142.65	1.08K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.4K	+241	+22.4%	$146.92	1.32K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.3K	+227	+17.24%	$155.35	1.54K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.2K	+216	+13.99%	$162.99	1.76K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.4K	+242	+13.75%	$146.17	2K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.3K	+194	+9.69%	$182.03	2.2K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.3K	+202	+9.2%	$174.74	2.4K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$35.2K	+199	+8.3%	$177.01	2.6K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$37K	+187	+7.2%	$198.00	2.78K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$36.8K	+197	+7.08%	$186.82	2.98K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.6K	+202	+6.78%	$201.07	3.18K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.6K	+153	+4.81%	$265.07	3.34K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.7K	+140	+4.2%	$290.39	3.48K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.6K	+145	+4.17%	$280.29	3.62K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.4K	+129	+3.56%	$313.30	3.75K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.7K	+113	+3.01%	$359.93	3.86K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.6K	+102	+2.64%	$398.18	3.97K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.6K	+120	+3.03%	$338.38	4.09K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.4K	+111	+2.72%	$363.60	4.2K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.4K	+106	+2.53%	$381.43	4.3K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.6K	+128	+2.98%	$317.38	4.43K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.6K	+140	+3.16%	$290.30	4.57K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.4K	+151	+3.3%	$267.66	4.72K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.4K	+119	+2.52%	$339.85	4.84K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$40.7K	+114	+2.36%	$357.32	4.95K	Jul 26, 2023	Direct	F1
transaction	NFLX	Common Stock	Sale	-$2.09M	-4.95K	-100%	$422.24	0	Jul 26, 2023	Direct	F1, F2

Showing 1 to 29 of 29 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-301	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	301	$117.22	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-277	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	277	$127.49	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-251	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	251	$140.78	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-247	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	247	$142.65	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-241	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	241	$146.92	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-227	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	227	$155.35	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-216	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	216	$162.99	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-242	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	242	$146.17	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-194	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	194	$182.03	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-202	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	202	$174.74	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-199	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	199	$177.01	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-187	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	187	$198.00	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-197	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	197	$186.82	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-202	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	202	$201.07	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-153	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	153	$265.07	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-140	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	140	$290.39	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-145	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	145	$280.29	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-129	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	129	$313.30	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-113	-64.94%	$0.00	61	Jul 26, 2023	Common Stock	113	$359.93	Direct	F1, F3
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-102	-64.97%	$0.00	55	Jul 26, 2023	Common Stock	102	$398.18	Direct	F1, F3
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-120	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	120	$338.38	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-111	-64.91%	$0.00	60	Jul 26, 2023	Common Stock	111	$363.60	Direct	F1, F3
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-106	-64.63%	$0.00	58	Jul 26, 2023	Common Stock	106	$381.43	Direct	F1, F3
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-128	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	128	$317.38	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-140	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	140	$290.30	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-151	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	151	$267.66	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-119	-100%	$0.00^*	0	Jul 26, 2023	Common Stock	119	$339.85	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-114	-65.14%	$0.00	61	Jul 26, 2023	Common Stock	114	$357.32	Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Jay C. Hoag has sole voting and dispositive power over the options he holds directly. However, TCV VIII Management, L.L.C. has a right to 100% of the pecuniary interest in such options. Mr. Hoag is a Member of TCV VIII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.
F2	The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $422.18 to $422.34 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3	Jay C. Hoag has sole voting and dispositive power over the remaining options he holds directly. However, TCV VII Management, L.L.C. has a right to 100% of the pecuniary interest in such remaining options. Mr. Hoag is a Member of TCV VII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.

Remarks:

This is the first part of a Form 4 filing for the Reporting Person. There are two parts to this Form 4 filing because of the constraint of a 30 transaction line maximum for tables in a Form 4.