NETFLIX INC — Director's Dealing 2023

Feb 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETFLIX INC (NFLX)
CIK: 0001065280
Period of Report: 2023-01-30

Reporting Person: Hoag Jay C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-30	Common Stock	J	91517	—	Acquired	91517	Indirect
2023-01-30	Common Stock	J	91517	—	Disposed	0	Indirect
2023-01-31	Common Stock	M	109	$201.07	Acquired	2376	Direct
2023-01-31	Common Stock	M	83	$265.07	Acquired	2459	Direct
2023-01-31	Common Stock	M	75	$290.39	Acquired	2534	Direct
2023-01-31	Common Stock	M	78	$280.29	Acquired	2612	Direct
2023-01-31	Common Stock	M	70	$313.30	Acquired	2682	Direct
2023-01-31	Common Stock	M	65	$338.38	Acquired	2747	Direct
2023-01-31	Common Stock	M	69	$317.38	Acquired	2816	Direct
2023-01-31	Common Stock	M	76	$290.30	Acquired	2892	Direct
2023-01-31	Common Stock	M	82	$267.66	Acquired	2974	Direct
2023-01-31	Common Stock	M	65	$339.85	Acquired	3039	Direct
2023-01-31	Common Stock	M	65	$336.63	Acquired	3104	Direct
2023-01-31	Common Stock	M	68	$319.50	Acquired	3172	Direct
2023-01-31	Common Stock	M	76	$289.29	Acquired	3248	Direct
2023-01-31	Common Stock	M	81	$269.58	Acquired	3329	Direct
2023-01-31	Common Stock	M	76	$286.81	Acquired	3405	Direct
2023-01-31	Common Stock	M	71	$309.99	Acquired	3476	Direct
2023-01-31	Common Stock	M	66	$329.81	Acquired	3542	Direct
2023-01-31	Common Stock	M	20	$199.46	Acquired	3562	Direct
2023-01-31	Common Stock	M	21	$192.91	Acquired	3583	Direct
2023-01-31	Common Stock	M	22	$179.95	Acquired	3605	Direct
2023-01-31	Common Stock	M	18	$226.21	Acquired	3623	Direct
2023-01-31	Common Stock	M	17	$230.04	Acquired	3640	Direct
2023-01-31	Common Stock	M	17	$239.04	Acquired	3657	Direct
2023-01-31	Common Stock	M	14	$286.75	Acquired	3671	Direct
2023-01-31	Common Stock	M	13	$316.95	Acquired	3684	Direct
2023-01-31	Common Stock	M	14	$294.95	Acquired	3698	Direct
2023-01-31	Common Stock	S	3698	$352.94	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-31	Non-qualified Stock Option (right to buy)	$329.81	M	66	Disposed	2030-01-02	Common Stock (66)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$199.46	M	20	Disposed	2032-05-02	Common Stock (20)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$192.91	M	21	Disposed	2032-06-01	Common Stock (21)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$179.95	M	22	Disposed	2032-07-01	Common Stock (22)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$226.21	M	18	Disposed	2032-08-01	Common Stock (18)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$230.04	M	17	Disposed	2032-09-01	Common Stock (17)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$239.04	M	17	Disposed	2032-10-03	Common Stock (17)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$286.75	M	14	Disposed	2032-11-01	Common Stock (14)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$316.95	M	13	Disposed	2032-12-01	Common Stock (13)	Direct
2023-01-31	Non-qualified Stock Option (right to buy)	$294.95	M	14	Disposed	2033-01-03	Common Stock (14)	Direct

Footnotes

F1: Acquisition by Technology Crossover Management VII, L.P. ("TCM VII") pursuant to an in kind pro-rata distribution by each of TCV VII, L.P. and TCV VII (A), L.P. to each of its respective partners, without consideration.

F2: These shares are directly held by TCM VII. Jay C. Hoag is a Class A Director of Technology Crossover Management VII, Ltd. ("Management VII") and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII. Mr. Hoag may be deemed to beneficially own the shares held by TCM VII but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F3: In kind pro-rata distribution from TCM VII to its partners, without consideration.

F4: Jay C. Hoag has sole voting and dispositive power over the options he holds directly. However, TCV VII Management, L.L.C. has a right to 100% of the pecuniary interest in such options. Mr. Hoag is a Member of TCV VII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.

F5: Jay C. Hoag has sole voting and dispositive power over the remaining options he holds directly. However, TCV VIII Management, L.L.C. has a right to 100% of the pecuniary interest in such remaining options. Mr. Hoag is a Member of TCV VIII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.