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NETFLIX INC Director's Dealing 2011

May 11, 2011

29748_dirs_2011-05-10_61f5eaef-1bc7-4c9c-8caa-8c2e5b16dbcd.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2011-04-28

Reporting Person: BATTLE A GEORGE (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-28 Common Stock S 1000 $233.29 Disposed 21000 Direct
2011-04-28 Common Stock S 1000 $234.90 Disposed 20000 Direct
2011-04-28 Common Stock S 500 $236.40 Disposed 19500 Direct
2011-04-28 Common Stock S 500 $238.00 Disposed 19000 Direct

Footnotes

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

F2: The original Form 4 reported the weighted average sale price in a range greater than $1.00. This amended Form 4 is being filed solely for the purpose of reporting the weighted average sale price in $1.00 increments. The total net number of shares sold has not changed. This transaction was executed in multiple trades at prices ranging from $233.10 to $233.48. 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.

F3: The original Form 4 reported the weighted average sale price in a range greater than $1.00. This amended Form 4 is being filed solely for the purpose of reporting the weighted average sale price in $1.00 increments. The total net number of shares sold has not changed. This transaction was executed in multiple trades at prices ranging from $234.40 to $235.40. 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.

F4: The original Form 4 reported the weighted average sale price in a range greater than $1.00. This amended Form 4 is being filed solely for the purpose of reporting the weighted average sale price in $1.00 increments. The total net number of shares sold has not changed. This transaction was executed in a single trade.

F5: The original Form 4 reported the weighted average sale price in a range greater than $1.00. This amended Form 4 is being filed solely for the purpose of reporting the weighted average sale price in $1.00 increments. The total net number of shares sold has not changed. This transaction was executed in multiple trades at prices ranging from $237.99 to $238.03. 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.