SEC Form 4 · accession 0001190725-15-000186
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Aug 24, 2015
Accepted (ET)
Aug 26, 2015 · 5:35 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 | Aug 24, 2015 | M | 87,591 | $3.8057 | A | 87,591 | D | |
| Common StockF1,F2 | Aug 24, 2015 | S | 29,464 | $85.95 | D | 58,127 | D | |
| Common StockF1,F3 | Aug 24, 2015 | S | 32,336 | $86.84 | D | 25,791 | D | |
| Common StockF1,F4 | Aug 24, 2015 | S | 14,500 | $87.93 | D | 11,291 | D | |
| Common StockF1,F5 | Aug 24, 2015 | S | 11,291 | $88.60 | D | 0 | D | |
| Common StockF6 | holding | — | — | — | 6,521,620 | 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 | $3.8057 | Aug 24, 2015 | M | 87,591 | D | Oct 3, 2005 | Oct 3, 2015 | Common Stock | 87,591 | 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 $85.5000 to $86.4950. 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 $86.5000 to $87.3500. 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 $87.5000 to $88.3900. 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 $88.5000 to $89.0550. 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