NETFLIX INC — Director's Dealing 2011

Jun 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2011-06-01

Reporting Person: Giancarlo Charles H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-01	Common Stock	M	1815	$22.04	Acquired	1815	Direct
2011-06-01	Common Stock	S	1815	$269.23	Disposed	0	Direct
2011-06-01	Common Stock	S	833	$269.23	Disposed	4998	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-01	Non-Qualified Stock Option (right to buy)	$22.04	M	1815	Disposed	2018-12-01	Common Stock (1815)	Direct
2011-06-01	Non-Qualified Stock Option (right to buy)	$267.26	A	187	Acquired	2021-06-01	Common Stock (187)	Direct

Footnotes

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

F2: As Trustee of the Giancarlo Family Trust