NETFLIX INC — Director's Dealing 2011

Mar 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2011-03-01

Reporting Person: HUNT NEIL D (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-01	Common Stock	M	2767	$53.48	Acquired	71641	Direct
2011-03-01	Common Stock	M	1233	$53.8	Acquired	72874	Direct
2011-03-01	Common Stock	M	1000	$1.5	Acquired	73874	Direct
2011-03-01	Common Stock	S	5000	$206.22	Disposed	68874	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-01	Incentive Stock Option (right to buy)	$1.5	M	1000	Disposed	2012-02-27	Common Stock (1000)	Direct
2011-03-01	Non-Qualified Stock Option (right to buy)	$53.48	M	2767	Disposed	2020-01-04	Common Stock (2767)	Direct
2011-03-01	Non-Qualified Stock Option (right to buy)	$53.8	M	1233	Disposed	2019-11-02	Common Stock (1233)	Direct
2011-03-01	Non-Qualified Stock Option (right to buy)	$204.63	A	1833	Acquired	2021-03-01	Common Stock (1833)	Direct

Footnotes

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