SEC Form 4 · accession 0001065280-18-000592
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Nov 21, 2018
Accepted (ET)
Nov 26, 2018 · 4:13 pm EST
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 | Nov 21, 2018 | M | 78,092 | $4.2671 | A | 78,092 | D | |
| Common StockF1,F2 | Nov 21, 2018 | S | 3,950 | $262.1183 | D | 74,142 | D | |
| Common StockF1,F3 | Nov 21, 2018 | S | 1,600 | $263.2138 | D | 72,542 | D | |
| Common StockF1,F4 | Nov 21, 2018 | S | 5,403 | $264.3367 | D | 67,139 | D | |
| Common StockF1,F5 | Nov 21, 2018 | S | 12,862 | $265.2618 | D | 54,277 | D | |
| Common StockF1,F6 | Nov 21, 2018 | S | 20,617 | $266.1838 | D | 33,660 | D | |
| Common StockF1,F7 | Nov 21, 2018 | S | 13,200 | $267.1922 | D | 20,460 | D | |
| Common StockF1,F8 | Nov 21, 2018 | S | 5,900 | $268.1331 | D | 14,560 | D | |
| Common StockF1,F9 | Nov 21, 2018 | S | 4,423 | $269.2114 | D | 10,137 | D | |
| Common StockF1,F10 | Nov 21, 2018 | S | 3,838 | $270.3255 | D | 6,299 | D | |
| Common StockF1,F11 | Nov 21, 2018 | S | 700 | $272.2829 | D | 5,599 | D | |
| Common StockF1,F12 | Nov 21, 2018 | S | 1,242 | $273.5705 | D | 4,357 | D | |
| Common StockF1,F13 | Nov 21, 2018 | S | 2,311 | $271.0825 | D | 2,046 | D | |
| Common StockF1,F14 | Nov 21, 2018 | S | 2,046 | $274.5768 | 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 | $4.2671 | Nov 21, 2018 | M | 78,092 | D | Jan 2, 2009 | Jan 2, 2019 | Common Stock | 78,092 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).
- F10The 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. This transaction was executed in multiple trades at prices ranging from $269.79 to $270.76.
- F11The 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. This transaction was executed in multiple trades at prices ranging from $272.00 to $272.83.
- F12The 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. This transaction was executed in multiple trades at prices ranging from $273.10 to $273.98.
- F13The 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. This transaction was executed in multiple trades at prices ranging from $270.82 to $271.59.
- F14The 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. This transaction was executed in multiple trades at prices ranging from $274.28 to $275.20.
- F15As Trustee of the Hastings-Quillin Family Trust
- F2The 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. This transaction was executed in multiple trades at prices ranging from $261.69 to $262.51.
- F3The 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. This transaction was executed in multiple trades at prices ranging from $262.70 to $263.67.
- F4The 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. This transaction was executed in multiple trades at prices ranging from $263.70 to $264.69.
- F5The 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. This transaction was executed in multiple trades at prices ranging from $264.72 to $265.71.
- F6The 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. This transaction was executed in multiple trades at prices ranging from $265.72 to $266.71.
- F7The 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. This transaction was executed in multiple trades at prices ranging from $266.74 to $267.73.
- F8The 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. This transaction was executed in multiple trades at prices ranging from $267.74 to $268.73.
- F9The 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. This transaction was executed in multiple trades at prices ranging from $268.77 to $269.76.