NETFLIX INC — Director's Dealing 2011

Jul 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2011-07-01

Reporting Person: HUNT NEIL D (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-01	Common Stock	M	1259	$101.99	Acquired	67133	Direct
2011-07-01	Common Stock	M	741	$107.29	Acquired	66615	Direct
2011-07-01	Common Stock	S	3000	$262.06	Disposed	63615	Direct
2011-07-01	Common Stock	M	1000	$1.5	Acquired	64615	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-01	Incentive Stock Option (right to buy)	$1.5	M	1000	Disposed	2012-02-27	Common Stock (1000)	Direct
2011-07-01	Non-Qualified Stock Option (right to buy)	$101.99	M	1259	Disposed	2020-05-03	Common Stock (1259)	Direct
2011-07-01	Non-Qualified Stock Option (right to buy)	$107.29	M	741	Disposed	2020-06-01	Common Stock (741)	Direct
2011-07-01	Non-Qualified Stock Option (right to buy)	$267.99	A	1399	Acquired	2021-07-01	Common Stock (1399)	Direct

Footnotes

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