NETFLIX INC — Director's Dealing 2011

Apr 29, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2011-04-27

Reporting Person: SARANDOS THEODORE A (Chief Content Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-27	Common Stock	M	1110	$30.04	Acquired	1110	Direct
2011-04-27	Common Stock	M	1081	$30.84	Acquired	2191	Direct
2011-04-27	Common Stock	M	1079	$30.89	Acquired	3270	Direct
2011-04-27	Common Stock	M	1077	$30.94	Acquired	4347	Direct
2011-04-27	Common Stock	M	1075	$31	Acquired	5422	Direct
2011-04-27	Common Stock	M	2262	$32.6	Acquired	7684	Direct
2011-04-27	Common Stock	M	970	$34.35	Acquired	8654	Direct
2011-04-27	Common Stock	M	2262	$34.75	Acquired	10916	Direct
2011-04-27	Common Stock	M	2262	$35.36	Acquired	13178	Direct
2011-04-27	Common Stock	M	695	$35.95	Acquired	13873	Direct
2011-04-27	Common Stock	M	2262	$36.37	Acquired	16135	Direct
2011-04-27	Common Stock	M	913	$36.51	Acquired	17048	Direct
2011-04-27	Common Stock	M	902	$36.95	Acquired	17950	Direct
2011-04-27	Common Stock	S	17950	$228.67	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-27	Non-Qualified Stock Option (right to buy)	$30.04	M	1110	Disposed	2018-10-01	Common Stock (1110)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$30.84	M	1081	Disposed	2018-09-02	Common Stock (1081)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$30.89	M	1079	Disposed	2018-06-02	Common Stock (1079)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$30.94	M	1077	Disposed	2018-03-03	Common Stock (1077)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$31	M	1075	Disposed	2018-05-01	Common Stock (1075)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$32.6	M	2262	Disposed	2014-06-01	Common Stock (2262)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$34.35	M	970	Disposed	2019-03-02	Common Stock (970)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$34.75	M	2262	Disposed	2014-03-01	Common Stock (2262)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$35.36	M	2262	Disposed	2014-04-01	Common Stock (2262)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$35.95	M	695	Disposed	2014-07-01	Common Stock (695)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$36.37	M	2262	Disposed	2014-02-02	Common Stock (2262)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$36.51	M	913	Disposed	2018-04-01	Common Stock (913)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$36.95	M	902	Disposed	2019-02-02	Common Stock (902)	Direct

Footnotes

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