SEC Form 4 · accession 0001190725-15-000166
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore A Sarandos
Officer — Chief Content Officer
Period of report
Jul 30, 2015
Accepted (ET)
Aug 3, 2015 · 6:23 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 | Jul 30, 2015 | M | 17,171 | $33.8843 | A | 17,171 | D | |
| Common StockF1 | Jul 30, 2015 | M | 16,828 | $34.5843 | A | 33,999 | D | |
| Common StockF1 | Jul 30, 2015 | M | 15,239 | $38.18 | A | 49,238 | D | |
| Common StockF1 | Jul 30, 2015 | M | 21,077 | $35.5886 | A | 70,315 | D | |
| Common StockF1 | Jul 30, 2015 | M | 15,463 | $37.6257 | A | 85,778 | D | |
| Common StockF1 | Jul 30, 2015 | M | 15,197 | $38.2843 | A | 100,975 | D | |
| Common StockF1 | Jul 30, 2015 | M | 18,165 | $41.2857 | A | 119,140 | D | |
| Common StockF1 | Jul 30, 2015 | M | 16,170 | $46.3743 | A | 135,310 | D | |
| Common StockF1 | Jul 30, 2015 | M | 15,946 | $47.0386 | A | 151,256 | D | |
| Common StockF1 | Jul 30, 2015 | M | 19,068 | $48.0743 | A | 170,324 | D | |
| Common StockF1 | Jul 30, 2015 | M | 18,774 | $48.83 | A | 189,098 | D | |
| Common StockF1 | Jul 30, 2015 | M | 18,389 | $49.8486 | A | 207,487 | D | |
| Common StockF1,F2 | Jul 30, 2015 | S | 127,966 | $106.03 | D | 79,521 | D | |
| Common StockF1,F3 | Jul 30, 2015 | S | 79,521 | $106.71 | D | 0 | D |
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 | $33.8843 | Jul 30, 2015 | M | 17,171 | D | May 2, 2011 | May 2, 2021 | Common Stock | 17,171 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $34.5843 | Jul 30, 2015 | M | 16,828 | D | Apr 1, 2011 | Apr 1, 2021 | Common Stock | 16,828 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $35.5886 | Jul 30, 2015 | M | 21,077 | D | Aug 1, 2013 | Aug 1, 2023 | Common Stock | 21,077 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $37.6257 | Jul 30, 2015 | M | 15,463 | D | Aug 1, 2011 | Aug 1, 2021 | Common Stock | 15,463 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $38.18 | Jul 30, 2015 | M | 15,239 | D | Jun 1, 2011 | Jun 1, 2021 | Common Stock | 15,239 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $38.2843 | Jul 30, 2015 | M | 15,197 | D | Jul 1, 2011 | Jul 1, 2021 | Common Stock | 15,197 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $41.2857 | Jul 30, 2015 | M | 18,165 | D | Sep 3, 2013 | Sep 3, 2023 | Common Stock | 18,165 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $46.3743 | Jul 30, 2015 | M | 16,170 | D | Oct 1, 2013 | Oct 1, 2023 | Common Stock | 16,170 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $47.0386 | Jul 30, 2015 | M | 15,946 | D | Nov 1, 2013 | Nov 1, 2023 | Common Stock | 15,946 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $48.0743 | Jul 30, 2015 | M | 19,068 | D | May 1, 2014 | May 1, 2024 | Common Stock | 19,068 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $48.83 | Jul 30, 2015 | M | 18,774 | D | Dec 1, 2014 | Dec 1, 2024 | Common Stock | 18,774 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $49.8486 | Jul 30, 2015 | M | 18,389 | D | Jan 2, 2015 | Jan 2, 2025 | Common Stock | 18,389 | 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 $105.40 to $106.39. 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 $106.40 to $107.30. 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.