NETFLIX INC — Director's Dealing 2003

Dec 2, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2003-12-01

Reporting Person: HASTINGS REED (Director, CEO, 10% Owner, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-01	Common Stock	S	5000	$49.41	Disposed	2247760	Direct
2003-12-01	Common Stock	G	5000	—	Disposed	2242760	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-01	Non-Qualified Stock Option (right to buy)	$50.7	A	7619	Acquired	2013-12-01	Common Stock (7619)	Direct

Footnotes

F1: Disposition made pursuant to duly adopted trading plan under Rule 10b5-1(c).