SEC Form 4 · accession 0001065280-18-000241
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
May 21, 2018
Accepted (ET)
May 22, 2018 · 5:43 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 | May 21, 2018 | M | 86,037 | $3.8714 | A | 86,037 | D | |
| Common StockF1,F2 | May 21, 2018 | S | 2,400 | $326.4767 | D | 83,637 | D | |
| Common StockF1,F3 | May 21, 2018 | S | 6,371 | $327.5377 | D | 77,266 | D | |
| Common StockF1,F4 | May 21, 2018 | S | 7,200 | $328.395 | D | 70,066 | D | |
| Common StockF1,F5 | May 21, 2018 | S | 25,067 | $329.481 | D | 44,999 | D | |
| Common StockF1,F6 | May 21, 2018 | S | 34,855 | $330.358 | D | 10,144 | D | |
| Common StockF1,F7 | May 21, 2018 | S | 10,144 | $331.3129 | 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 | $3.8714 | May 21, 2018 | M | 86,037 | D | Jul 1, 2008 | Jul 1, 2018 | Common Stock | 86,037 | 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 $325.91 to $326.88. 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 $326.92 to $327.88. 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 $327.92 to $328.91. 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 $328.94 to $329.93. 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 $329.94 to $330.93. 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 $330.94 to $331.85. 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.
- F8As Trustee of the Hastings-Quillin Family Trust