SEC Form 4 · accession 0001190725-15-000232
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Oct 20, 2015
Accepted (ET)
Oct 22, 2015 · 5:27 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 | Oct 20, 2015 | M | 86,037 | $3.8729 | A | 86,037 | D | |
| Common StockF1,F2 | Oct 20, 2015 | S | 47,800 | $100.20 | D | 38,237 | D | |
| Common StockF1,F3 | Oct 20, 2015 | S | 15,392 | $100.99 | D | 22,845 | D | |
| Common StockF1,F4 | Oct 20, 2015 | S | 16,951 | $102.16 | D | 5,894 | D | |
| Common StockF1,F5 | Oct 20, 2015 | S | 5,894 | $102.79 | 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 | $3.8729 | Oct 20, 2015 | M | 86,037 | D | Dec 1, 2005 | Dec 1, 2015 | Common Stock | 86,037 | 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 $99.66 to $100.65. 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 $100.67 to $101.66. 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 $101.67 to $102.66. 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 $102.67 to $102.99. 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