SEC Form 4 · accession 0001065280-19-000085
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 5:04 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 | Feb 19, 2019 | M | 54,418 | $6.1243 | A | 54,418 | D | |
| Common StockF1,F2 | Feb 19, 2019 | S | 1,512 | $356.1611 | D | 52,906 | D | |
| Common StockF1,F3 | Feb 19, 2019 | S | 600 | $357.63 | D | 52,306 | D | |
| Common StockF1,F4 | Feb 19, 2019 | S | 1,200 | $358.5058 | D | 51,106 | D | |
| Common StockF1,F5 | Feb 19, 2019 | S | 2,600 | $359.6108 | D | 48,506 | D | |
| Common StockF1,F6 | Feb 19, 2019 | S | 5,805 | $360.843 | D | 42,701 | D | |
| Common StockF1,F7 | Feb 19, 2019 | S | 13,831 | $361.8743 | D | 28,870 | D | |
| Common StockF1,F8 | Feb 19, 2019 | S | 19,459 | $362.5711 | D | 9,411 | D | |
| Common StockF1,F9 | Feb 19, 2019 | S | 6,469 | $363.6728 | D | 2,942 | D | |
| Common StockF1,F10 | Feb 19, 2019 | S | 2,942 | $364.7985 | D | 0 | D | |
| Common StockF11 | 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 | $6.1243 | Feb 19, 2019 | M | 54,418 | D | Apr 1, 2009 | Apr 1, 2019 | Common Stock | 54,418 | 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 $364.40 to $364.99.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.
- F11As Trustee of the Hastings-Quillin Family Trust
- F2This transaction was executed in multiple trades at prices ranging from $355.80 to $356.67.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 $356.98 to $357.94.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.
- F4This transaction was executed in multiple trades at prices ranging from $358.14 to $359.10.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 $359.18 to $360.12.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 $360.25 to $361.24.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.
- F7This transaction was executed in multiple trades at prices ranging from $361.25 to $362.24.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.
- F8This transaction was executed in multiple trades at prices ranging from $362.25 to $363.22.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 $363.26 to $364.16.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.