SEC Form 4 · accession 0001190725-15-000211
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Sep 21, 2015
Accepted (ET)
Sep 23, 2015 · 5:49 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 | Sep 21, 2015 | M | 90,860 | $3.6686 | A | 90,860 | D | |
| Common StockF1,F2 | Sep 21, 2015 | S | 32,500 | $100.2285 | D | 58,360 | D | |
| Common StockF1,F3 | Sep 21, 2015 | S | 14,025 | $101.1406 | D | 44,335 | D | |
| Common StockF1,F4 | Sep 21, 2015 | S | 23,875 | $102.1018 | D | 20,460 | D | |
| Common StockF1,F5 | Sep 21, 2015 | S | 20,260 | $103.0801 | D | 200 | D | |
| Common StockF1 | Sep 21, 2015 | S | 200 | $103.71 | 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 | $3.6686 | Sep 21, 2015 | M | 90,860 | D | Nov 1, 2005 | Nov 1, 2015 | Common Stock | 90,860 | 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 $99.6600 to $100.6500. 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 $100.6700 to $101.6600. 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 $101.6700 to $102.6600. 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 $102.6700 to $103.6500. 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