NETFLIX INC — Director's Dealing 2004

Jan 5, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2004-01-05

Reporting Person: KILGORE LESLIE J (VP of Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-05	Common Stock	M	20000	$3	Acquired	29000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-05	Incentive Stock Option (right to buy)	$3	M	20000	Disposed	2011-01-24	Common Stock (20000)	Direct
2004-01-02	Non-Qualified Stock Option (right to buy)	$54.83	A	2381	Acquired	2014-01-02	Common Stock (2381)	Direct