NETFLIX INC — Director's Dealing 2011

Jun 6, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2011-06-03

Reporting Person: HYMAN DAVID A (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-03	Common Stock	M	2380	$27.42	Acquired	5360	Direct
2011-06-03	Common Stock	S	2380	$275	Disposed	2980	Direct
2011-06-03	Common Stock	M	2380	$36.37	Acquired	5360	Direct
2011-06-03	Common Stock	S	2380	$275	Disposed	2980	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-03	Non-Qualified Stock Option (right to buy)	$27.42	M	2380	Disposed	2014-01-02	Common Stock (2380)	Direct
2011-06-03	Non-Qualified Stock Option (right to buy)	$36.37	M	2380	Disposed	2014-02-02	Common Stock (2380)	Direct

Footnotes

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