NETFLIX INC — Director's Dealing 2011

Jul 30, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2011-07-27

Reporting Person: BARTON RICHARD N (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-27	Common Stock	M	2331	$17.16	Acquired	2674	Direct
2011-07-27	Common Stock	S	2331	$271.68	Disposed	343	Direct
2011-07-27	Common Stock	M	2203	$18.14	Acquired	2546	Direct
2011-07-27	Common Stock	S	2203	$271.68	Disposed	343	Direct
2011-07-27	Common Stock	M	1883	$21.22	Acquired	2226	Direct
2011-07-27	Common Stock	S	1883	$271.68	Disposed	343	Direct
2011-07-27	Common Stock	M	1522	$26.29	Acquired	1865	Direct
2011-07-27	Common Stock	S	1522	$271.68	Disposed	343	Direct
2011-07-27	Common Stock	M	1681	$23.78	Acquired	2024	Direct
2011-07-27	Common Stock	S	1681	$271.68	Disposed	343	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-27	Non-Qualified Stock Option (right to buy)	$17.16	M	2331	Disposed	2017-08-01	Common Stock (2331)	Direct
2011-07-27	Non-Qualified Stock Option (right to buy)	$18.14	M	2203	Disposed	2017-09-04	Common Stock (2203)	Direct
2011-07-27	Non-Qualified Stock Option (right to buy)	$21.22	M	1883	Disposed	2017-10-01	Common Stock (1883)	Direct
2011-07-27	Non-Qualified Stock Option (right to buy)	$23.78	M	1681	Disposed	2017-12-03	Common Stock (1681)	Direct
2011-07-27	Non-Qualified Stock Option (right to buy)	$26.29	M	1522	Disposed	2017-11-01	Common Stock (1522)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $271.48 to $271.84. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.