SEC Form 4 · accession 0001065280-18-000111
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore A Sarandos
Officer — Chief Content Officer
Period of report
Feb 8, 2018
Accepted (ET)
Feb 9, 2018 · 5:13 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 | Feb 8, 2018 | M | 23,953 | $102.63 | A | 23,953 | D | |
| Common StockF1,F2 | Feb 8, 2018 | S | 3,973 | $258.4681 | D | 19,980 | D | |
| Common StockF1 | Feb 8, 2018 | M | 24,218 | $101.51 | A | 44,198 | D | |
| Common StockF1,F3 | Feb 8, 2018 | S | 5,922 | $259.1191 | D | 38,276 | D | |
| Common StockF1 | Feb 8, 2018 | M | 23,258 | $105.70 | A | 61,534 | D | |
| Common StockF1,F4 | Feb 8, 2018 | S | 23,457 | $260.1109 | D | 38,077 | D | |
| Common StockF1 | Feb 8, 2018 | M | 18,190 | $109.96 | A | 56,267 | D | |
| Common StockF1,F5 | Feb 8, 2018 | S | 19,743 | $261.3187 | D | 36,524 | D | |
| Common StockF1 | Feb 8, 2018 | M | 18,579 | $107.64 | A | 55,103 | D | |
| Common StockF1,F6 | Feb 8, 2018 | S | 28,800 | $262.171 | D | 26,303 | D | |
| Common StockF1 | Feb 8, 2018 | M | 18,872 | $105.98 | A | 45,175 | D | |
| Common StockF1,F7 | Feb 8, 2018 | S | 32,992 | $263.1587 | D | 12,183 | D | |
| Common StockF1 | Feb 8, 2018 | M | 18,904 | $105.79 | A | 31,087 | D | |
| Common StockF1,F8 | Feb 8, 2018 | S | 7,280 | $264.1525 | D | 23,807 | D | |
| Common StockF1 | Feb 8, 2018 | M | 17,773 | $112.56 | A | 41,580 | D | |
| Common StockF1,F9 | Feb 8, 2018 | S | 12,883 | $265.088 | D | 28,697 | D | |
| Common StockF1,F10 | Feb 8, 2018 | S | 7,795 | $266.2731 | D | 20,902 | D | |
| Common StockF1,F11 | Feb 8, 2018 | S | 20,902 | $267.0881 | D | 0 | D |
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 | $101.51 | Feb 8, 2018 | M | 24,218 | D | Jun 1, 2016 | Jun 1, 2026 | Common Stock | 24,218 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $102.63 | Feb 8, 2018 | M | 23,953 | D | Oct 3, 2016 | Oct 3, 2026 | Common Stock | 23,953 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $105.70 | Feb 8, 2018 | M | 23,258 | D | Apr 1, 2016 | Apr 1, 2026 | Common Stock | 23,258 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $105.79 | Feb 8, 2018 | M | 18,904 | D | Sep 1, 2015 | Sep 1, 2025 | Common Stock | 18,904 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $105.98 | Feb 8, 2018 | M | 18,872 | D | Oct 1, 2015 | Oct 1, 2025 | Common Stock | 18,872 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $107.64 | Feb 8, 2018 | M | 18,579 | D | Nov 2, 2015 | Nov 2, 2025 | Common Stock | 18,579 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $109.96 | Feb 8, 2018 | M | 18,190 | D | Jan 4, 2016 | Jan 4, 2026 | Common Stock | 18,190 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $112.56 | Feb 8, 2018 | M | 17,773 | D | Aug 3, 2015 | Aug 3, 2025 | Common Stock | 17,773 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).
- F10This transaction was executed in multiple trades at prices ranging from $265.89 to $266.85. 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.
- F11This transaction was executed in multiple trades at prices ranging from $267.08 to $267.38. 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.
- F2This transaction was executed in multiple trades at prices ranging from $257.68 to $258.65. 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 $258.69 to $259.58. 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 $259.70 to $260.68. 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 $260.70 to $261.69. 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.
- F6This transaction was executed in multiple trades at prices ranging from $261.71 to $262.70. 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 $262.71 to $263.70. 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 $263.71 to $264.67. 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.
- F9This transaction was executed in multiple trades at prices ranging from $264.73 to $265.68. 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.