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NETFLIX INC — Director's Dealing 2019
Sep 25, 2019
29748_dirs_2019-09-24_9a4ba07a-e6a6-4f73-89e6-51564981c02b.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: 2019-09-23
Reporting Person: HASTINGS REED (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-09-23 | Common Stock | M | 43372 | $7.6857 | Acquired | 43372 | Direct |
| 2019-09-23 | Common Stock | S | 1300 | $262.6692 | Disposed | 42072 | Direct |
| 2019-09-23 | Common Stock | S | 5863 | $263.7142 | Disposed | 36209 | Direct |
| 2019-09-23 | Common Stock | S | 14500 | $264.5596 | Disposed | 21709 | Direct |
| 2019-09-23 | Common Stock | S | 4535 | $265.5987 | Disposed | 17174 | Direct |
| 2019-09-23 | Common Stock | S | 3715 | $266.8328 | Disposed | 13459 | Direct |
| 2019-09-23 | Common Stock | S | 2192 | $267.7176 | Disposed | 11267 | Direct |
| 2019-09-23 | Common Stock | S | 1400 | $269.1657 | Disposed | 9867 | Direct |
| 2019-09-23 | Common Stock | S | 1900 | $270.0384 | Disposed | 7967 | Direct |
| 2019-09-23 | Common Stock | S | 2967 | $271.2001 | Disposed | 5000 | Direct |
| 2019-09-23 | Common Stock | S | 4900 | $272.1731 | Disposed | 100 | Direct |
| 2019-09-23 | Common Stock | S | 100 | $272.91 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-09-23 | Non-Qualified Stock Option (right to buy) | $7.6857 | M | 43372 | Disposed | 2019-11-02 | Common Stock (43372) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5558947 | 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 $262.09 to $263.07. 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 $263.09 to $264.08. 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 $264.10 to $265.05. 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 $265.10 to $266.09. 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 $266.30 to $267.29. 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 $267.33 to $268.09. 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: This transaction was executed in multiple trades at prices ranging from $268.54 to $269.53. 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.
F9: This transaction was executed in multiple trades at prices ranging from $269.64 to $270.61. 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.
F10: This transaction was executed in multiple trades at prices ranging from $270.71 to $271.67. 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.
F11: This transaction was executed in multiple trades at prices ranging from $271.72 to $272.71. 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.
F12: As Trustee of the Hastings-Quillin Family Trust