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: KILGORE LESLIE J (VP of Marketing, VP of Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-01	Common Stock	M	767	$3	Acquired	4767	Direct
2003-12-01	Common Stock	S	767	$49.41	Disposed	4000	Direct
2003-12-01	Common Stock	M	1647	$3	Acquired	5647	Direct
2003-12-01	Common Stock	S	1647	$49.41	Disposed	4000	Direct
2003-12-01	Common Stock	M	586	$3	Acquired	4586	Direct
2003-12-01	Common Stock	S	586	$49.41	Disposed	4000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-01	Non-Qualified Stock Option (right to buy)	$3	M	767	Disposed	2011-01-24	Common Stock (767)	Direct
2003-12-01	Non-Qualified Stock Option (right to buy)	$3	M	1647	Disposed	2011-07-18	Common Stock (1647)	Direct
2003-12-01	Non-Qualified Stock Option (right to buy)	$3	M	586	Disposed	2012-02-27	Common Stock (586)	Direct
2003-12-01	Non-Qualified Stock Option (right to buy)	$50.7	A	2381	Acquired	2013-12-01	Common Stock (2381)	Direct

Footnotes

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