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NETFLIX INC — Director's Dealing 2025
Feb 6, 2025
29748_dirs_2025-02-05_266af282-52a5-4223-91ac-651ddc050619.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: 2025-02-03
Reporting Person: Peters Gregory K (Director, Co-CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-03 | Common Stock | M | 2593 | — | Acquired | 15543 | Direct |
| 2025-02-03 | Common Stock | M | 1444 | — | Acquired | 16987 | Direct |
| 2025-02-03 | Common Stock | F | 1291 | $976.76 | Disposed | 15696 | Direct |
| 2025-02-03 | Common Stock | F | 719 | $976.76 | Disposed | 14977 | Direct |
| 2025-02-04 | Common Stock | M | 3739 | $378.81 | Acquired | 18716 | Direct |
| 2025-02-04 | Common Stock | M | 4209 | $336.63 | Acquired | 22925 | Direct |
| 2025-02-04 | Common Stock | S | 3739 | $1000 | Disposed | 19186 | Direct |
| 2025-02-04 | Common Stock | S | 4209 | $1005 | Disposed | 14977 | Direct |
| 2025-02-04 | Common Stock | S | 2027 | $994.5423 | Disposed | 12950 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-03 | Restricted Stock Units | $ | M | 2593 | Disposed | Common Stock (2593) | Direct | |
| 2025-02-03 | Restricted Stock Units | $ | M | 1444 | Disposed | Common Stock (1444) | Direct | |
| 2025-02-04 | Non-Qualified Stock Option (right to buy) | $378.81 | M | 3739 | Disposed | 2029-05-01 | Common Stock (3739) | Direct |
| 2025-02-04 | Non-Qualified Stock Option (right to buy) | $336.63 | M | 4209 | Disposed | 2029-06-03 | Common Stock (4209) | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive one share of Netflix common stock.
F2: Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
F3: Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
F4: Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 10/30/2024.
F5: This transaction was executed in multiple trades at prices ranging from $994.5341 to $994.685. 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: On January 25, 2024, the Reporting Person was granted 31,112 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).
F7: On January 23, 2025, the Reporting Person was granted 17,330 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, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).