NETFLIX INC — Director's Dealing 2010

Aug 13, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2010-08-10

Reporting Person: GRIFFITH WILLIAM (10% Owner, May be part of a 13(d) group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-27	Common Stock	G	20	—	Disposed	18047	Indirect
2010-05-27	Common Stock	G	24	—	Disposed	18023	Indirect
2010-05-27	Common Stock	G	95	—	Disposed	17928	Indirect
2010-05-28	Common Stock	G	24	—	Disposed	17904	Indirect
2010-06-01	Common Stock	G	48	—	Disposed	17856	Indirect
2010-08-10	Common Stock	S	1500	$123.75	Disposed	16356	Indirect
2010-08-10	Common Stock	S	1000	$124.00	Disposed	15356	Indirect
2010-08-10	Common Stock	S	1000	$125.75	Disposed	14356	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1444750	Indirect
Common Stock	11394	Indirect
Common Stock	3566859	Indirect
Common Stock	133006	Indirect

Footnotes

F1: William J.G. Griffith IV ("Griffith") is a trustee of The Griffith Family 2004 Trust. Griffith disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F2: These shares are held directly by TCV VI, L.P. Each of Jay C. Hoag, Richard H. Kimball, John L. Drew, Jon Q. Reynolds, Jr., Griffith and Robert W. Trudeau (collectively the "TCM Members") are Class A Members of Technology Crossover Management VI, L.L.C. ("TCM VI") which is the sole general partner of TCV VI, L.P. The TCM Members and TCM VI may be deemed to beneficially own the shares held by TCV VI, L.P. but the TCM Members and TCM VI disclaim beneficial ownership of such shares except to the extent of their pecuniary interest therein.

F3: These shares are held directly by TCV Member Fund, L.P. ("TCV MF"). Each of the TCM Members are Class A Members of TCM VI which is a general partner of TCV MF and limited partners of TCM MF. The TCM Members and TCM VI may be deemed to beneficially own the shares held by TCV MF but the TCM Members and TCM VI disclaim beneficial ownership of such shares except to the extent of their pecuniary interest therein.

F4: These shares are held directly by TCV IV, L.P. Griffith is a member of Technology Crossover Management IV, L.L.C. ("TCM IV") which is the sole general partner of TCV IV, L.P. Griffith may be deemed to beneficially own the shares held by TCV IV, L.P. but Griffith disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F5: These shares are held directly by TCV IV Strategic Partners, L.P. ("TCV IV S.P."). Griffith is a member of TCM IV which is the sole general partner of TCV IV S.P. Griffith may be deemed to beneficially own the shares held by TCV IV S.P. but Griffith disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.