SEC Form 4 · accession 0001065280-18-000159
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Mar 20, 2018
Accepted (ET)
Mar 21, 2018 · 6:08 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 | Mar 20, 2018 | M | 75,271 | $4.4286 | A | 75,271 | D | |
| Common StockF1,F2 | Mar 20, 2018 | S | 2,800 | $313.6232 | D | 72,471 | D | |
| Common StockF1,F3 | Mar 20, 2018 | S | 2,998 | $314.8819 | D | 69,473 | D | |
| Common StockF1,F4 | Mar 20, 2018 | S | 10,341 | $315.8728 | D | 59,132 | D | |
| Common StockF1,F5 | Mar 20, 2018 | S | 26,245 | $316.8709 | D | 32,887 | D | |
| Common StockF1,F6 | Mar 20, 2018 | S | 27,890 | $317.7373 | D | 4,997 | D | |
| Common StockF1,F7 | Mar 20, 2018 | S | 4,997 | $318.7469 | D | 0 | D | |
| Common StockF8 | 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 | $4.4286 | Mar 20, 2018 | M | 75,271 | D | May 1, 2008 | May 1, 2018 | Common Stock | 75,271 | 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 $313.26 to $314.08. 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 $314.29 to $315.28. 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 $315.33 to $316.32. 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 $316.33 to $317.32. 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 $317.33 to $318.30. 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 $318.33 to $319.30. 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.
- F8As Trustee of the Hastings-Quillin Family Trust