NETFLIX INC — Director's Dealing 2004

Jan 13, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2004-01-12

Reporting Person: KILGORE LESLIE J (VP of Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-12	Common Stock	M	1647	$3	Acquired	30647	Direct
2004-01-12	Common Stock	S	1647	$62.23	Disposed	29000	Direct
2004-01-12	Common Stock	M	1353	$3	Acquired	30353	Direct
2004-01-12	Common Stock	S	1353	$62.23	Disposed	29000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-12	Non-Qualified Stock Option (right to buy)	$3	M	1647	Disposed	2011-07-18	Common Stock (1647)	Direct
2004-01-12	Non-Qualified Stock Option (right to buy)	$3	M	1353	Disposed	2012-02-27	Common Stock (1353)	Direct

Footnotes

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