SEC Form 4 · accession 0001065280-18-000492
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Sep 24, 2018
Accepted (ET)
Sep 26, 2018 · 6:20 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 | Sep 24, 2018 | M | 99,883 | $3.3371 | A | 99,883 | D | |
| Common StockF1,F2 | Sep 24, 2018 | S | 1,000 | $355.081 | D | 98,883 | D | |
| Common StockF1,F3 | Sep 24, 2018 | S | 2,000 | $356.7565 | D | 96,883 | D | |
| Common StockF1,F4 | Sep 24, 2018 | S | 2,232 | $357.7111 | D | 94,651 | D | |
| Common StockF1,F5 | Sep 24, 2018 | S | 2,207 | $358.8267 | D | 92,444 | D | |
| Common StockF1,F6 | Sep 24, 2018 | S | 600 | $359.875 | D | 91,844 | D | |
| Common StockF1,F7 | Sep 24, 2018 | S | 2,202 | $361.1171 | D | 89,642 | D | |
| Common StockF1,F8 | Sep 24, 2018 | S | 1,400 | $361.9707 | D | 88,242 | D | |
| Common StockF1,F9 | Sep 24, 2018 | S | 3,296 | $363.1271 | D | 84,946 | D | |
| Common StockF1,F10 | Sep 24, 2018 | S | 1,844 | $364.1048 | D | 83,102 | D | |
| Common StockF1,F11 | Sep 24, 2018 | S | 1,820 | $365.6823 | D | 81,282 | D | |
| Common StockF1,F12 | Sep 24, 2018 | S | 4,460 | $366.6952 | D | 76,822 | D | |
| Common StockF1,F13 | Sep 24, 2018 | S | 6,288 | $367.7532 | D | 70,534 | D | |
| Common StockF1,F14 | Sep 24, 2018 | S | 21,601 | $368.7727 | D | 48,933 | D | |
| Common StockF1,F15 | Sep 24, 2018 | S | 16,757 | $369.5575 | D | 32,176 | D | |
| Common StockF1,F16 | Sep 24, 2018 | S | 7,502 | $370.9119 | D | 24,674 | D | |
| Common StockF1,F17 | Sep 24, 2018 | S | 15,112 | $371.7982 | D | 9,562 | D | |
| Common StockF1,F18 | Sep 24, 2018 | S | 8,367 | $372.5929 | D | 1,195 | D | |
| Common StockF1,F19 | Sep 24, 2018 | S | 1,195 | $373.4082 | D | 0 | D | |
| Common StockF20 | 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 | $3.3371 | Sep 24, 2018 | M | 99,883 | D | Nov 3, 2008 | Nov 3, 2018 | Common Stock | 99,883 | 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 $363.71 to $364.38. 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 $365.15 to $366.13. 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 $366.16 to $367.13. 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 $367.20 to $368.16. 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 $368.20 to $369.19. 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.
- F15This transaction was executed in multiple trades at prices ranging from $369.20 to $370.16. 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.
- F16This transaction was executed in multiple trades at prices ranging from $370.24 to $371.21. 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.
- F17This transaction was executed in multiple trades at prices ranging from $371.24 to $372.23. 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.
- F18This transaction was executed in multiple trades at prices ranging from $372.24 to $373.21. 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.
- F19This transaction was executed in multiple trades at prices ranging from $373.24 to $373.60. 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.
- F2This transaction was executed in multiple trades at prices ranging from $354.85 to $355.83. 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.
- F20As Trustee of the Hastings-Quillin Family Trust
- F3This transaction was executed in multiple trades at prices ranging from $356.24 to $357.21. 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 $357.27 to $358.25. 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 $358.34 to $359.24. 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 $359.45 to $360.39. 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 $360.61 to $361.60. 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 $361.63 to $362.59. 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 $362.65 to $363.60. 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.