SEC Form 4 · accession 0001065280-18-000054
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Jan 22, 2018
Accepted (ET)
Jan 23, 2018 · 7:35 pm EST
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 | Jan 22, 2018 | M | 75,369 | $4.42 | A | 75,369 | D | |
| Common StockF1,F2 | Jan 22, 2018 | S | 4,400 | $221.95 | D | 70,969 | D | |
| Common StockF1,F3 | Jan 22, 2018 | S | 7,024 | $223.012 | D | 63,945 | D | |
| Common StockF1,F4 | Jan 22, 2018 | S | 2,200 | $224.1214 | D | 61,745 | D | |
| Common StockF1,F5 | Jan 22, 2018 | S | 7,591 | $224.983 | D | 54,154 | D | |
| Common StockF1,F6 | Jan 22, 2018 | S | 41,136 | $226.0279 | D | 13,018 | D | |
| Common StockF1,F7 | Jan 22, 2018 | S | 10,718 | $226.8986 | D | 2,300 | D | |
| Common StockF1,F8 | Jan 22, 2018 | S | 2,300 | $227.6604 | D | 0 | D | |
| Common Stock | holding | — | — | — | 5,558,947 | 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 | $4.42 | Jan 22, 2018 | M | 75,369 | D | Mar 3, 2008 | Mar 3, 2018 | Common Stock | 75,369 | 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 $221.27 to $222.20. 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 $222.50 to $223.47. 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 $223.50 to $224.48. 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 $224.53 to $225.52. 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.
- F6This transaction was executed in multiple trades at prices ranging from $225.53 to $226.52. 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.
- F7This transaction was executed in multiple trades at prices ranging from $226.53 to $227.51. 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.
- F8This transaction was executed in multiple trades at prices ranging from $227.53 to $227.76. 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.