SEC Form 4 · accession 0001190725-15-000140
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Jun 22, 2015
Accepted (ET)
Jun 24, 2015 · 5:21 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 | Jun 22, 2015 | M | 17,218 | $19.34 | A | 17,218 | D | |
| Common StockF1,F2 | Jun 22, 2015 | S | 2,242 | $662.42 | D | 14,976 | D | |
| Common StockF1,F3 | Jun 22, 2015 | S | 8,052 | $663.59 | D | 6,924 | D | |
| Common StockF1,F4 | Jun 22, 2015 | S | 4,500 | $664.42 | D | 2,424 | D | |
| Common StockF1,F5 | Jun 22, 2015 | S | 2,424 | $665.51 | D | 0 | D | |
| Common StockF6 | 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 | $19.34 | Jun 22, 2015 | M | 17,218 | D | Aug 1, 2005 | Aug 1, 2015 | Common Stock | 17,218 | 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 $662.045 to $663.00. 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.
- F3This transaction was executed in multiple trades at prices ranging from $663.045 to $664.04. 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 $664.05 to $665.04. 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 $665.20 to $665.55. 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.
- F6As Trustee of the Hastings-Quillin Family Trust