SEC Form 4 · accession 0001065280-18-000208
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Apr 23, 2018
Accepted (ET)
Apr 24, 2018 · 7:55 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 | Apr 23, 2018 | M | 75,558 | $4.4129 | A | 75,558 | D | |
| Common StockF1,F2 | Apr 23, 2018 | S | 5,000 | $317.9684 | D | 70,558 | D | |
| Common StockF1,F3 | Apr 23, 2018 | S | 12,991 | $318.6339 | D | 57,567 | D | |
| Common StockF1,F4 | Apr 23, 2018 | S | 5,200 | $319.575 | D | 52,367 | D | |
| Common StockF1,F5 | Apr 23, 2018 | S | 1,523 | $320.9203 | D | 50,844 | D | |
| Common StockF1,F6 | Apr 23, 2018 | S | 3,900 | $321.9418 | D | 46,944 | D | |
| Common StockF1,F7 | Apr 23, 2018 | S | 4,617 | $322.8735 | D | 42,327 | D | |
| Common StockF1 | Apr 23, 2018 | S | 100 | $323.51 | D | 42,227 | D | |
| Common StockF1,F8 | Apr 23, 2018 | S | 1,800 | $324.9694 | D | 40,427 | D | |
| Common StockF1,F9 | Apr 23, 2018 | S | 2,300 | $326.0478 | D | 38,127 | D | |
| Common StockF1,F10 | Apr 23, 2018 | S | 3,700 | $327.2551 | D | 34,427 | D | |
| Common StockF1,F11 | Apr 23, 2018 | S | 12,042 | $328.3857 | D | 22,385 | D | |
| Common StockF1,F12 | Apr 23, 2018 | S | 16,751 | $329.2612 | D | 5,634 | D | |
| Common StockF1,F13 | Apr 23, 2018 | S | 5,510 | $330.1689 | D | 124 | D | |
| Common StockF1,F14 | Apr 23, 2018 | S | 124 | $330.95 | D | 0 | D | |
| Common StockF15 | 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 | $4.4129 | Apr 23, 2018 | M | 75,558 | D | Jun 2, 2008 | Jun 2, 2018 | Common Stock | 75,558 | 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 $326.80 to $327.75. 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.
- F11This transaction was executed in multiple trades at prices ranging from $327.80 to $328.79. 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.
- F12This transaction was executed in multiple trades at prices ranging from $328.81 to $329.80. 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.
- F13This transaction was executed in multiple trades at prices ranging from $329.82 to $330.80. 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.
- F14This transaction was executed in multiple trades at prices ranging from $330.89 to $331.20. 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.
- F15As Trustee of the Hastings-Quillin Family Trust
- F2This transaction was executed in multiple trades at prices ranging from $317.19 to $318.18. 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 $318.19 to $319.17. 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 $319.20 to $320.10. 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 $320.36 to $321.35. 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 $321.46 to $322.40. 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 $322.47 to $323.46. 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 $324.62 to $325.61. 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 $325.67 to $326.47. 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.