SEC Form 4 · accession 0001065280-17-000182
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Oct 23, 2017
Accepted (ET)
Oct 25, 2017 · 5:02 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 | Oct 23, 2017 | M | 83,335 | $3.3971 | A | 83,335 | D | |
| Common StockF1,F2 | Oct 23, 2017 | S | 21,310 | $191.8647 | D | 62,025 | D | |
| Common StockF1,F3 | Oct 23, 2017 | S | 38,917 | $192.7315 | D | 23,108 | D | |
| Common StockF1,F4 | Oct 23, 2017 | S | 18,900 | $193.5886 | D | 4,208 | D | |
| Common StockF1,F5 | Oct 23, 2017 | S | 4,208 | $194.4333 | 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 | $3.3971 | Oct 23, 2017 | M | 83,335 | D | Dec 3, 2007 | Dec 3, 2017 | Common Stock | 83,335 | 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 $191.24 to $192.23. 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 $192.24 to $193.23. 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 $193.24 to $194.22. 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 $194.24 to $194.69. 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