NETFLIX INC — Director's Dealing 2023

May 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2023-05-01

Reporting Person: HASTINGS REED (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-01	Common Stock	M	26278	$31.71	Acquired	26278	Direct
2023-05-01	Common Stock	S	725	$318.7789	Disposed	25553	Direct
2023-05-01	Common Stock	S	1924	$319.8471	Disposed	23629	Direct
2023-05-01	Common Stock	S	1017	$320.9136	Disposed	22612	Direct
2023-05-01	Common Stock	S	1891	$322.0058	Disposed	20721	Direct
2023-05-01	Common Stock	S	4906	$322.9749	Disposed	15815	Direct
2023-05-01	Common Stock	S	5808	$323.9279	Disposed	10007	Direct
2023-05-01	Common Stock	S	3553	$324.879	Disposed	6454	Direct
2023-05-01	Common Stock	S	2480	$326.098	Disposed	3974	Direct
2023-05-01	Common Stock	S	2085	$326.9056	Disposed	1889	Direct
2023-05-01	Common Stock	S	1100	$327.9654	Disposed	789	Direct
2023-05-01	Common Stock	S	389	$329.335	Disposed	400	Direct
2023-05-01	Common Stock	S	400	$329.94	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-01	Non-Qualified Stock Option (right to buy)	$324.12	A	1607	Acquired	2033-05-01	Common Stock (1607.0)	Direct
2023-05-01	Non-Qualified Stock Option (right to buy)	$31.71	M	26278	Disposed	2023-06-03	Common Stock (26278.0)	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 $318.30 to $319.0129. 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 $319.3221 to $320.31. 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 $320.3995 to $321.3985. 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 $321.4031 to $322.40. 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 $322.4105 to $323.4007. 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 $323.4589 to $324.452. 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 $324.4749 to $325.47. 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 $325.55 to $326.547. 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 $326.57 to $327.54. 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 $327.67 to $328.51. 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 $328.69 to $329.4489. 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 $329.91 to $329.95. 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.

F14: As Trustee of the Hastings-Quillin Family Trust.