SEC Form 4 · accession 0001065280-18-000118
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Feb 20, 2018
Accepted (ET)
Feb 21, 2018 · 6:18 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 20, 2018 | M | 63,889 | $5.2157 | A | 63,889 | D | |
| Common StockF1,F2 | Feb 20, 2018 | S | 4,000 | $277.423 | D | 59,889 | D | |
| Common StockF1,F3 | Feb 20, 2018 | S | 8,846 | $278.5385 | D | 51,043 | D | |
| Common StockF1,F4 | Feb 20, 2018 | S | 3,639 | $279.6811 | D | 47,404 | D | |
| Common StockF1,F5 | Feb 20, 2018 | S | 2,867 | $280.4764 | D | 44,537 | D | |
| Common StockF1,F6 | Feb 20, 2018 | S | 4,800 | $281.5542 | D | 39,737 | D | |
| Common StockF1,F7 | Feb 20, 2018 | S | 7,813 | $282.5883 | D | 31,924 | D | |
| Common StockF1,F8 | Feb 20, 2018 | S | 17,885 | $283.6291 | D | 14,039 | D | |
| Common StockF1,F9 | Feb 20, 2018 | S | 12,327 | $284.4424 | D | 1,712 | D | |
| Common StockF1,F10 | Feb 20, 2018 | S | 1,712 | $285.3013 | D | 0 | D | |
| Common StockF11 | 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 | $5.2157 | Feb 20, 2018 | M | 63,889 | D | Apr 1, 2008 | Apr 1, 2018 | Common Stock | 63,889 | 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 $285.05 to $285.75. 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.
- F11As Trustee of the Hastings-Quillin Family Trust
- F2This transaction was executed in multiple trades at prices ranging from $276.98 to $277.96. 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 $278.00 to $278.97. 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 $279.01 to $279.99. 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 $280.01 to $281.00. 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 $281.04 to $282.03. 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 $282.04 to $283.03. 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 $283.04 to $284.03. 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 $284.04 to $285.00. 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.