SEC Form 4 · accession 0001065280-17-000130
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Sep 20, 2017
Accepted (ET)
Sep 21, 2017 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065280
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 20, 2017 | M | 75,467 | $3.7557 | A | 75,467 | D | |
| Common StockF1,F2 | Sep 20, 2017 | S | 8,056 | $183.9111 | D | 67,411 | D | |
| Common StockF1,F3 | Sep 20, 2017 | S | 47,570 | $184.9072 | D | 19,841 | D | |
| Common StockF1,F4 | Sep 20, 2017 | S | 18,894 | $185.7036 | D | 947 | D | |
| Common StockF1,F5 | Sep 20, 2017 | S | 947 | $186.4095 | D | 0 | D | |
| Common StockF6 | holding | — | — | — | 5,862,527 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $3.7557 | Sep 20, 2017 | M | 75,467 | D | Nov 1, 2007 | Nov 1, 2017 | Common Stock | 75,467 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).
- F2This transaction was executed in multiple trades at prices ranging from $183.38 to $184.33. 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.
- F3This transaction was executed in multiple trades at prices ranging from $184.38 to $185.37. 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.
- F4This transaction was executed in multiple trades at prices ranging from $185.38 to $186.37. 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.
- F5This transaction was executed in multiple trades at prices ranging from $186.38 to $186.49. 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.
- F6As Trustee of the Hastings-Quillin Family Trust