SEC Form 4 · accession 0001065280-18-000311
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Jun 20, 2018
Accepted (ET)
Jun 21, 2018 · 8:51 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 | Jun 20, 2018 | M | 79,800 | $4.1743 | A | 79,800 | D | |
| Common StockF1,F2 | Jun 20, 2018 | S | 1,700 | $410.5889 | D | 78,100 | D | |
| Common StockF1,F3 | Jun 20, 2018 | S | 6,501 | $411.4413 | D | 71,599 | D | |
| Common StockF1,F4 | Jun 20, 2018 | S | 10,331 | $412.4908 | D | 61,268 | D | |
| Common StockF1,F5 | Jun 20, 2018 | S | 10,936 | $413.4149 | D | 50,332 | D | |
| Common StockF1,F6 | Jun 20, 2018 | S | 6,700 | $414.3787 | D | 43,632 | D | |
| Common StockF1,F7 | Jun 20, 2018 | S | 2,832 | $415.4333 | D | 40,800 | D | |
| Common StockF1,F8 | Jun 20, 2018 | S | 18,919 | $416.5618 | D | 21,881 | D | |
| Common StockF1,F9 | Jun 20, 2018 | S | 15,592 | $417.4141 | D | 6,289 | D | |
| Common StockF1,F10 | Jun 20, 2018 | S | 5,489 | $418.3433 | D | 800 | D | |
| Common StockF1,F11 | Jun 20, 2018 | S | 800 | $419.10 | D | 0 | D | |
| Common StockF12 | 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 | $4.1743 | Jun 20, 2018 | M | 79,800 | D | Aug 1, 2008 | Aug 1, 2018 | Common Stock | 79,800 | 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 $418.00 to $418.97. 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.
- F11This transaction was executed in multiple trades at prices ranging from $419.00 to $419.23. 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.
- F12As Trustee of the Hastings-Quillin Family Trust
- F2This transaction was executed in multiple trades at prices ranging from $409.90 to $410.89. 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 $410.92 to $411.90. 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 $411.92 to $412.91. 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 $412.92 to $413.88. 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.
- F6This transaction was executed in multiple trades at prices ranging from $413.94 to $414.82. 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 $414.98 to $415.94. 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 $416.00 to $416.99. 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.
- F9This transaction was executed in multiple trades at prices ranging from $417.00 to $417.99. 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.