Jay C. Hoag - Feb 8, 2024 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: Feb 8, 2024
Transactions value $: -$3,276,387
Form type: 4
Date filed: 2/12/2024, 08:18 PM
Previous filing: Feb 2, 2024
Next filing: Mar 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NFLX	Common Stock	Options Exercise	$62.6K	+123	+3.29%	$509.11	3.87K	Feb 8, 2024	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$62.4K	+125	+3.23%	$499.08	3.99K	Feb 8, 2024	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$62.4K	+117	+2.93%	$533.54	4.11K	Feb 8, 2024	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$62.8K	+122	+2.97%	$515.15	4.23K	Feb 8, 2024	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$62.2K	+136	+3.22%	$457.13	4.37K	Feb 8, 2024	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$62.6K	+162	+3.71%	$386.24	4.53K	Feb 8, 2024	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$62.7K	+168	+3.71%	$373.47	4.7K	Feb 8, 2024	Direct	F1
transaction	NFLX	Common Stock	Options Exercise	$58.4K	+293	+6.24%	$199.46	4.99K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$58.5K	+303	+6.07%	$192.91	5.29K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$58.5K	+325	+6.14%	$179.95	5.62K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$58.6K	+259	+4.61%	$226.21	5.88K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$58.4K	+254	+4.32%	$230.04	6.13K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$58.6K	+245	+4%	$239.04	6.37K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$58.5K	+204	+3.2%	$286.75	6.58K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$58.3K	+184	+2.8%	$316.95	6.76K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$58.4K	+198	+2.93%	$294.95	6.96K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.3K	+172	+2.47%	$361.99	7.13K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.7K	+200	+2.8%	$313.48	7.33K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.3K	+179	+2.44%	$348.28	7.51K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.6K	+193	+2.57%	$324.12	7.7K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.5K	+155	+2.01%	$403.13	7.86K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.7K	+142	+1.81%	$441.44	8K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.3K	+142	+1.77%	$438.62	8.14K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.5K	+142	+1.74%	$439.88	8.29K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.8K	+165	+1.99%	$380.33	8.45K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.2K	+148	+1.75%	$420.19	8.6K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.4K	+134	+1.56%	$465.74	8.73K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Options Exercise	$62.8K	+134	+1.53%	$468.50	8.87K	Feb 8, 2024	Direct	F2
transaction	NFLX	Common Stock	Sale	-$4.99M	-8.87K	-100%	$562.85	0	Feb 8, 2024	Direct	F2

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-123	-100%	$0.00^*	Feb 8, 2024	Common Stock	123	$509.11	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-125	-100%	$0.00^*	Feb 8, 2024	Common Stock	125	$499.08	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-117	-100%	$0.00^*	Feb 8, 2024	Common Stock	117	$533.54	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-122	-100%	$0.00^*	Feb 8, 2024	Common Stock	122	$515.15	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-136	-100%	$0.00^*	Feb 8, 2024	Common Stock	136	$457.13	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-162	-100%	$0.00^*	Feb 8, 2024	Common Stock	162	$386.24	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-168	-100%	$0.00^*	Feb 8, 2024	Common Stock	168	$373.47	Direct	F1
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-293	-100%	$0.00^*	Feb 8, 2024	Common Stock	293	$199.46	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-303	-100%	$0.00^*	Feb 8, 2024	Common Stock	303	$192.91	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-325	-100%	$0.00^*	Feb 8, 2024	Common Stock	325	$179.95	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-259	-100%	$0.00^*	Feb 8, 2024	Common Stock	259	$226.21	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-254	-100%	$0.00^*	Feb 8, 2024	Common Stock	254	$230.04	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-245	-100%	$0.00^*	Feb 8, 2024	Common Stock	245	$239.04	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-204	-100%	$0.00^*	Feb 8, 2024	Common Stock	204	$286.75	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-184	-100%	$0.00^*	Feb 8, 2024	Common Stock	184	$316.95	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-198	-100%	$0.00^*	Feb 8, 2024	Common Stock	198	$294.95	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-172	-100%	$0.00^*	Feb 8, 2024	Common Stock	172	$361.99	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-200	-100%	$0.00^*	Feb 8, 2024	Common Stock	200	$313.48	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-179	-100%	$0.00^*	Feb 8, 2024	Common Stock	179	$348.28	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-193	-100%	$0.00^*	Feb 8, 2024	Common Stock	193	$324.12	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-155	-100%	$0.00^*	Feb 8, 2024	Common Stock	155	$403.13	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-142	-100%	$0.00^*	Feb 8, 2024	Common Stock	142	$441.44	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-142	-100%	$0.00^*	Feb 8, 2024	Common Stock	142	$438.62	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-142	-100%	$0.00^*	Feb 8, 2024	Common Stock	142	$439.88	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-165	-100%	$0.00^*	Feb 8, 2024	Common Stock	165	$380.33	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-148	-100%	$0.00^*	Feb 8, 2024	Common Stock	148	$420.19	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-134	-100%	$0.00^*	Feb 8, 2024	Common Stock	134	$465.74	Direct	F2
transaction	NFLX	Non-qualified Stock Option (right to buy)	Options Exercise	$0	-134	-100%	$0.00^*	Feb 8, 2024	Common Stock	134	$468.50	Direct	F2

* 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 and shares to be received upon exercise of such options that he holds directly. However, TCV VII Management, L.L.C. and TCV VIII Management, L.L.C. have a right to 100% of the pecuniary interest in such options and shares. Mr. Hoag is a Member of TCV VII Management, L.L.C. and 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	Jay C. Hoag has sole voting and dispositive power over the options and shares to be received upon exercise of such options that he holds directly. However, TCV VIII Management, L.L.C. has a right to 100% of the pecuniary interest in such options and shares. 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.

Content

Jay C. Hoag has sole voting and dispositive power over the options and shares to be received upon exercise of such options that he holds directly. However, TCV VII Management, L.L.C. and TCV VIII Management, L.L.C. have a right to 100% of the pecuniary interest in such options and shares. Mr. Hoag is a Member of TCV VII Management, L.L.C. and 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.

Jay C. Hoag has sole voting and dispositive power over the options and shares to be received upon exercise of such options that he holds directly. However, TCV VIII Management, L.L.C. has a right to 100% of the pecuniary interest in such options and shares. 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.

Remarks:

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