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NETFLIX INC — Director's Dealing 2019
Dec 27, 2019
29748_dirs_2019-12-26_19f3980a-da10-48b4-8372-10ff29918179.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2019-12-23
Reporting Person: HASTINGS REED (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-23 | Common Stock | M | 95578 | $8.7186 | Acquired | 95578 | Direct |
| 2019-12-23 | Common Stock | S | 6628 | $331.7055 | Disposed | 88950 | Direct |
| 2019-12-23 | Common Stock | S | 29176 | $332.7951 | Disposed | 59774 | Direct |
| 2019-12-23 | Common Stock | S | 42030 | $333.7357 | Disposed | 17744 | Direct |
| 2019-12-23 | Common Stock | S | 13940 | $334.4468 | Disposed | 3804 | Direct |
| 2019-12-23 | Common Stock | S | 2400 | $335.695 | Disposed | 1404 | Direct |
| 2019-12-23 | Common Stock | S | 100 | $336.29 | Disposed | 1304 | Direct |
| 2019-12-23 | Common Stock | S | 1304 | $337.5648 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-23 | Non-Qualified Stock Option (right to buy) | $8.7186 | M | 95578 | Disposed | 2020-02-01 | Common Stock (95578) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5315392 | Indirect |
Footnotes
F1: Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).
F2: This transaction was executed in multiple trades at prices ranging from $331.17 to $332.15. 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: This transaction was executed in multiple trades at prices ranging from $332.19 to $333.18. 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: This transaction was executed in multiple trades at prices ranging from $333.19 to $334.18. 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.
F5: This transaction was executed in multiple trades at prices ranging from $334.19 to $334.96. 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.
F6: This transaction was executed in multiple trades at prices ranging from $335.26 to $336.02. 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.
F7: This transaction was executed in multiple trades at prices ranging from $337.45 to $337.61. 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.
F8: As Trustee of the Hastings-Quillin Family Trust