NETFLIX INC — Director's Dealing 2004

Apr 30, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2004-04-30

Reporting Person: SCHUH MICHAEL N (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-28	Common Stock	P	194805	$28.1475	Acquired	194805	Indirect
2004-04-29	Common Stock	P	48701	$26.708	Acquired	243506	Indirect
2004-04-28	Common Stock	P	5195	$28.1475	Acquired	5195	Indirect
2004-04-29	Common Stock	P	1299	$26.708	Acquired	6494	Indirect

Footnotes

F1: Michael N. Schuh is a Manager of FC Leadership Management Co., LLC, which is the general partner of Foundation Capital Leadership Fund, L.P. and the sole manager of Foundation Capital Leadership Principals Fund, LLC. Michael N. Schuh disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.