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: Giancarlo Charles H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-01	Common Stock	M	2053	$19.48	Acquired	2053	Direct
2011-03-01	Common Stock	S	2053	$206.22	Disposed	0	Direct
2011-03-01	Common Stock	S	834	$206.22	Disposed	7498	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-01	Non-Qualified Stock Option (right to buy)	$19.48	M	2053	Disposed	2017-07-02	Common Stock (2053)	Direct
2011-03-01	Non-Qualified Stock Option (right to buy)	$204.63	A	244	Acquired	2021-03-01	Common Stock (244)	Direct

Footnotes

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

F2: As Trustee of the Giancarlo Family Trust