SEC Form 4 · accession 0001190725-15-000015
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 5:21 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 | Jan 26, 2015 | M | 40,650 | $11.48 | A | 40,650 | D | |
| Common StockF1,F2 | Jan 26, 2015 | S | 7,564 | $434.31 | D | 33,086 | D | |
| Common StockF1,F3 | Jan 26, 2015 | S | 18,668 | $435.18 | D | 14,418 | D | |
| Common StockF1,F4 | Jan 26, 2015 | S | 9,266 | $436.24 | D | 5,152 | D | |
| Common StockF1,F5 | Jan 26, 2015 | S | 3,056 | $437.07 | D | 2,096 | D | |
| Common StockF1,F6 | Jan 26, 2015 | S | 2,096 | $438.00 | D | 0 | D | |
| Common StockF7 | holding | — | — | — | 931,660 | 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 | $11.48 | Jan 26, 2015 | M | 40,650 | D | Feb 1, 2005 | Feb 1, 2015 | Common Stock | 40,650 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).
- F2This transaction was executed in multiple trades at prices ranging from $433.70 to $434.69. 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 $434.76 to $435.76. 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 $435.78 to $436.76. 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 $436.83 to $437.81. 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 $437.85 to $438.00. 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.
- F7As Trustee of the Hastings-Quillin Family Trust