SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HYMAN DAVID A

(Last) (First) (Middle)
121 ALBRIGHT WAY

(Street)
LOS GATOS CA 95032

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [ NFLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/05/2024 M 544 A (1) 32,154 D
Common Stock 08/05/2024 F 276(2) D $598.55 31,878 D
Common Stock 08/06/2024 S 268 D $615.275 31,610 D
Common Stock 08/06/2024 M 3,276(3) A $127.49 34,886 D
Common Stock 08/06/2024 M 1,798(3) A $140.78 36,684 D
Common Stock 08/06/2024 M 1,775(3) A $142.65 38,459 D
Common Stock 08/06/2024 M 1,722(3) A $146.92 40,181 D
Common Stock 08/06/2024 M 1,630(3) A $155.35 41,811 D
Common Stock 08/06/2024 M 1,553(3) A $162.99 43,364 D
Common Stock 08/06/2024 M 1,732(3) A $146.17 45,096 D
Common Stock 08/06/2024 M 1,390(3) A $182.03 46,486 D
Common Stock 08/06/2024 M 1,449(3) A $174.74 47,935 D
Common Stock 08/06/2024 M 1,430(3) A $177.01 49,365 D
Common Stock 08/06/2024 M 1,278(3) A $198 50,643 D
Common Stock 08/06/2024 M 1,355(3) A $186.82 51,998 D
Common Stock 08/06/2024 S 20,388(3) D $605 31,610 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (4) 08/05/2024 M 544 (5) (5) Common Stock 544 $0 4,893 D
Non-Qualified Stock Option (right to buy) $127.49 08/06/2024 M 3,276(3) 01/03/2017 01/03/2027 Common Stock 3,276 $0 0 D
Non-Qualified Stock Option (right to buy) $140.78 08/06/2024 M 1,798(3) 02/01/2017 02/01/2027 Common Stock 1,798 $0 0 D
Non-Qualified Stock Option (right to buy) $142.65 08/06/2024 M 1,775(3) 03/01/2017 03/01/2027 Common Stock 1,775 $0 0 D
Non-Qualified Stock Option (right to buy) $146.92 08/06/2024 M 1,722(3) 04/03/2017 04/03/2027 Common Stock 1,722 $0 0 D
Non-Qualified Stock Option (right to buy) $155.35 08/06/2024 M 1,630(3) 05/01/2017 05/01/2027 Common Stock 1,630 $0 0 D
Non-Qualified Stock Option (right to buy) $162.99 08/06/2024 M 1,553(3) 06/01/2017 06/01/2027 Common Stock 1,553 $0 0 D
Non-Qualified Stock Option (right to buy) $146.17 08/06/2024 M 1,732(3) 07/03/2017 07/03/2027 Common Stock 1,732 $0 0 D
Non-Qualified Stock Option (right to buy) $182.03 08/06/2024 M 1,390(3) 08/01/2017 08/01/2027 Common Stock 1,390 $0 0 D
Non-Qualified Stock Option (right to buy) $174.74 08/06/2024 M 1,449(3) 09/01/2017 09/01/2027 Common Stock 1,449 $0 0 D
Non-Qualified Stock Option (right to buy) $177.01 08/06/2024 M 1,430(3) 10/02/2017 10/02/2027 Common Stock 1,430 $0 0 D
Non-Qualified Stock Option (right to buy) $198 08/06/2024 M 1,278(3) 11/01/2017 11/01/2027 Common Stock 1,278 $0 0 D
Non-Qualified Stock Option (right to buy) $186.82 08/06/2024 M 1,355(3) 12/01/2017 12/01/2027 Common Stock 1,355 $0 0 D
Explanation of Responses:
1. Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
2. Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
3. Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 7, 2024.
4. Each RSU represents a contingent right to receive one share of Netflix common stock.
5. On January 25, 2024, the Reporting Person was granted 6,524 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day, the first trading day thereafter).
Remarks:
By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman 08/07/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Netflix (NASDAQ:NFLX)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Netflix Charts.
Netflix (NASDAQ:NFLX)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Netflix Charts.