NETFLIX INC — Director's Dealing 2004

Oct 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2004-09-13

Reporting Person: MCCARTHY W BARRY JR (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-13	Common Stock	G	6500	—	Disposed	53247	Direct
2004-09-30	Common Stock	G	6342	—	Disposed	46905	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-10-01	Non-Qualified Stock Option (right to buy)	$16.33	J	11234	Acquired	2014-10-01	Common Stock (11234)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13332	Indirect

Footnotes

F1: By Peter Dudley McCarthy Trust - 2001 u/i dtd. Dec. 31, 2001