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NETFLIX INC — Director's Dealing 2024
Feb 8, 2024
29748_dirs_2024-02-07_36181d2d-2910-469a-a383-83cc1960c2b0.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: 2024-02-05
Reporting Person: Neumann Spencer Adam (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-05 | Common Stock | M | 878 | — | Acquired | 878 | Direct |
| 2024-02-05 | Common Stock | F | 313 | $562.06 | Disposed | 565 | Direct |
| 2024-02-07 | Common Stock | S | 565 | $565.37 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-05 | Restricted Stock Units | $ | M | 878 | Disposed | Common Stock (878) | Direct |
Footnotes
F1: Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
F2: Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
F3: Each RSU represents a contingent right to receive one share of Netflix common stock.
F4: On January 25, 2024, the Reporting Person was granted 10,538 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day, the first trading day thereafter).