NETFLIX INC — Director's Dealing 2003

Aug 21, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2003-08-21

Reporting Person: DILLON THOMAS R (VP Operations, VP Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-20	Common Stock	M	2533	$3	Acquired	17048	Direct
2003-08-20	Common Stock	S	2533	$27	Disposed	14515	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-20	Non-Qualified Stock Option (right to buy)	$3	M	2533	Disposed	2011-07-18	Common Stock (2533)	Direct

Footnotes

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