SEC Form 4 · accession 0001082906-15-000020
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay C Hoag
Director
Period of report
May 8, 2015
Accepted (ET)
May 11, 2015 · 7:22 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,F2 | May 8, 2015 | S | 6,215 | $573.08 | D | 57,854 | I | The Hoag Family Trust U/A DTD 08/02/1994 |
| Common StockF1,F3 | May 8, 2015 | S | 4,313 | $573.08 | D | 8,083 | I | Hamilton Investments Limited Partnership |
| Common StockF4,F2 | May 8, 2015 | S | 2,656 | $573.84 | D | 55,198 | I | The Hoag Family Trust U/A DTD 08/02/1994 |
| Common StockF4,F3 | May 8, 2015 | S | 1,844 | $573.84 | D | 6,239 | I | Hamilton Investments Limited Partnership |
| Common StockF2 | May 8, 2015 | S | 59 | $574.57 | D | 55,139 | I | The Hoag Family Trust U/A DTD 08/02/1994 |
| Common StockF3 | May 8, 2015 | S | 41 | $574.57 | D | 6,198 | I | Hamilton Investments Limited Partnership |
| Common StockF5 | holding | — | — | — | 657,777 | I | TCV VII, L.P. | |
| Common StockF6 | holding | — | — | — | 341,595 | I | TCV VII (A), L.P. | |
| Common StockF7 | holding | — | — | — | 5,688 | I | TCV Member Fund, L.P. | |
| Common StockF8 | holding | — | — | — | 215 | I | Hamilton Investments II, Limited Partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This number represents a weighted average sale price per share. The shares were sold at prices ranging from $572.505 to $573.50 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2These shares are held by The Hoag Family Trust U/A DTD 08/02/1994. Jay C. Hoag is a trustee of The Hoag Family Trust U/A DTD 08/02/1994. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F3These shares are held by Hamilton Investments Limited Partnership. Jay C. Hoag is the sole general partner and a limited partner of Hamilton Investments Limited Partnership. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F4This number represents a weighted average sale price per share. The shares were sold at prices ranging from $573.56 to $574.24 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F5These shares are directly held by TCV VII, L.P. ("TCV VII"). Jay C. Hoag is a Class A Director of Technology Crossover Management VII, Ltd. ("Management VII") and a limited partner of Technology Crossover Management VII, L.P. ("TCM VII"). Management VII is the sole general partner of TCM VII, which is the sole general partner of TCV VII. Mr. Hoag may be deemed to beneficially own the shares held by TCV VII but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F6These shares are directly held by TCV VII (A), L.P. ("TCV VII (A)"). Jay C. Hoag is a Class A Director of Management VII and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII, which is the sole general partner of TCV VII (A). Mr. Hoag may be deemed to beneficially own the shares held by TCV VII (A) but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F7These shares are directly held by TCV Member Fund, L.P. ("Member Fund"). Jay C. Hoag is a limited partner of Member Fund and a Class A Director of Management VII. Management VII is a general partner of Member Fund. Mr. Hoag may be deemed to beneficially own the shares held by Member Fund but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F8These shares are held by Hamilton Investments II, Limited Partnership. Jay C. Hoag is the general partner of Hamilton Investments II, Limited Partnership. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.