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NETFLIX INC — Director's Dealing 2023
Jun 3, 2023
29748_dirs_2023-06-02_ec4c7173-7ca2-4408-9caa-8ba5f68dc6b2.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: 2023-06-01
Reporting Person: HASTINGS REED (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-01 | Common Stock | M | 26012 | $32.04 | Acquired | 26012 | Direct |
| 2023-06-01 | Common Stock | S | 400 | $393.8625 | Disposed | 25612 | Direct |
| 2023-06-01 | Common Stock | S | 100 | $395.41 | Disposed | 25512 | Direct |
| 2023-06-01 | Common Stock | S | 1324 | $397.2116 | Disposed | 24188 | Direct |
| 2023-06-01 | Common Stock | S | 371 | $398.1602 | Disposed | 23817 | Direct |
| 2023-06-01 | Common Stock | S | 2159 | $399.2106 | Disposed | 21658 | Direct |
| 2023-06-01 | Common Stock | S | 4708 | $400.3659 | Disposed | 16950 | Direct |
| 2023-06-01 | Common Stock | S | 3122 | $401.167 | Disposed | 13828 | Direct |
| 2023-06-01 | Common Stock | S | 3421 | $402.4747 | Disposed | 10407 | Direct |
| 2023-06-01 | Common Stock | S | 2548 | $403.3504 | Disposed | 7859 | Direct |
| 2023-06-01 | Common Stock | S | 3172 | $404.4738 | Disposed | 4687 | Direct |
| 2023-06-01 | Common Stock | S | 3087 | $405.2797 | Disposed | 1600 | Direct |
| 2023-06-01 | Common Stock | S | 1400 | $406.5386 | Disposed | 200 | Direct |
| 2023-06-01 | Common Stock | S | 200 | $407.15 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-01 | Non-Qualified Stock Option (right to buy) | $32.04 | M | 26012 | Disposed | 2023-07-01 | Common Stock (26012) | Direct |
| 2023-06-01 | Non-Qualfied Stock Option (right to buy) | $403.13 | A | 1292 | Acquired | 2033-06-01 | Common Stock (1292) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5143441 | Indirect |
Footnotes
F1: Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/9/2022.
F2: This transaction was executed in multiple trades at prices ranging from $393.62 to $394.32. 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 $396.64 to $397.63. 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.
F4: This transaction was executed in multiple trades at prices ranging from $397.64 to $398.56. 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 $398.72 to $399.71. 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.
F6: This transaction was executed in multiple trades at prices ranging from $399.8006 to $400.7979. 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 $400.8025 to $401.75. 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 $401.84 to $402.83. 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 $402.8657 to $403.86. 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 $403.88 to $404.87. 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 $404.96 to $405.95. 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: This transaction was executed in multiple trades at prices ranging from $405.97 to $406.92. 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.
F13: This transaction was executed in multiple trades at prices ranging from $407.01 to $407.29. 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.
F14: As Trustee of the Hastings-Quillin Family Trust.