NETFLIX INC — Director's Dealing 2023

Nov 9, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2023-11-07

Reporting Person: HASTINGS REED (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-07	Common Stock	M	16079	$51.8314	Acquired	16079	Direct
2023-11-07	Common Stock	M	21637	$57.7686	Acquired	37716	Direct
2023-11-07	Common Stock	M	19635	$63.6557	Acquired	57351	Direct
2023-11-07	Common Stock	M	23996	$52.0986	Acquired	81347	Direct
2023-11-07	Common Stock	S	3044	$431.7208	Disposed	78303	Direct
2023-11-07	Common Stock	S	8395	$432.6581	Disposed	69908	Direct
2023-11-07	Common Stock	S	3793	$433.5886	Disposed	66115	Direct
2023-11-07	Common Stock	S	8569	$434.5265	Disposed	57546	Direct
2023-11-07	Common Stock	S	31234	$435.7637	Disposed	26312	Direct
2023-11-07	Common Stock	S	24142	$436.528	Disposed	2170	Direct
2023-11-07	Common Stock	S	2170	$437.2941	Disposed	0	Direct
2023-11-08	Common Stock	G	70500	—	Disposed	4991541	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-07	Non-Qualified Stock Option (right to buy)	$51.8314	M	16079	Disposed	2024-01-02	Common Stock (16079)	Direct
2023-11-07	Non-Qualified Stock Option (right to buy)	$57.7686	M	21637	Disposed	2024-02-03	Common Stock (21637)	Direct
2023-11-07	Non-Qualified Stock Option (right to buy)	$63.6557	M	19635	Disposed	2024-03-03	Common Stock (19635)	Direct
2023-11-07	Non-Qualified Stock Option (right to buy)	$52.0986	M	23996	Disposed	2024-04-01	Common Stock (23996)	Direct

Footnotes

F1: Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 8/8/2023.

F2: This transaction was executed in multiple trades at prices ranging from $431.10 to $432.09. 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.

F3: This transaction was executed in multiple trades at prices ranging from $432.11 to $433.09. 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.

F4: This transaction was executed in multiple trades at prices ranging from $433.12 to $434.05. 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 $434.14 to $435.13. 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 $435.14 to $436.13. 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 $436.14 to $437.12. 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 $437.16 to $437.50. 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.