NETFLIX INC — Director's Dealing 2019

May 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2019-05-20

Reporting Person: HASTINGS REED (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-20	Common Stock	M	57414	$5.8029	Acquired	57414	Direct
2019-05-20	Common Stock	S	4407	$346.2486	Disposed	53007	Direct
2019-05-20	Common Stock	S	7207	$347.2434	Disposed	45800	Direct
2019-05-20	Common Stock	S	15793	$348.1636	Disposed	30007	Direct
2019-05-20	Common Stock	S	9055	$349.1446	Disposed	20952	Direct
2019-05-20	Common Stock	S	14560	$350.0575	Disposed	6392	Direct
2019-05-20	Common Stock	S	4892	$351.0843	Disposed	1500	Direct
2019-05-20	Common Stock	S	1500	$351.8227	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-20	Non-Qualified Stock Option (right to buy)	$5.8029	M	57414	Disposed	2019-07-01	Common Stock (57414)	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 $345.62 to $346.61. 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.

F3: This transaction was executed in multiple trades at prices ranging from $346.63 to $347.62. 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 $347.64 to $348.61. 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.

F5: This transaction was executed in multiple trades at prices ranging from $348.64 to $349.63. 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 $349.64 to $350.63. 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 $350.65 to $351.64. 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 $351.65 to $352.28. 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: As Trustee of the Hastings-Quillin Family Trust