Theodore A. Sarandos - Jan 30, 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Signature
By: Veronique Bourdeau, Authorized Signatory For: Theodore A. Sarandos
Stock symbol
NFLX
Transactions as of
Jan 30, 2025
Transactions value $
$21,398,075
Form type
4
Date filed
2/3/2025, 06:30 PM
Previous filing
Jan 24, 2025
Next filing
Feb 5, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $2.46M +26.1K +198.81% $94.09 39.3K Jan 30, 2025 Direct F1
transaction NFLX Common Stock Options Exercise $2.46M +25K +63.69% $98.30 64.3K Jan 30, 2025 Direct F1
transaction NFLX Common Stock Options Exercise $2.46M +26.4K +41.08% $93.11 90.7K Jan 30, 2025 Direct F1
transaction NFLX Common Stock Options Exercise $2.46M +25.4K +28.04% $96.67 116K Jan 30, 2025 Direct F1
transaction NFLX Common Stock Options Exercise $2.46M +26.1K +22.44% $94.37 142K Jan 30, 2025 Direct F1
transaction NFLX Common Stock Options Exercise $2.46M +25.2K +17.76% $97.38 167K Jan 30, 2025 Direct F1
transaction NFLX Common Stock Options Exercise $2.46M +19.3K +11.52% $127.49 187K Jan 30, 2025 Direct F1
transaction NFLX Common Stock Options Exercise $2.29M +15.7K +8.4% $146.17 202K Jan 30, 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1.9M +9.84K +4.86% $192.91 212K Jan 30, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -26.1K -100% $0.00 0 Jan 30, 2025 Common Stock 26.1K $94.09 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -25K -100% $0.00 0 Jan 30, 2025 Common Stock 25K $98.30 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -26.4K -100% $0.00 0 Jan 30, 2025 Common Stock 26.4K $93.11 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -25.4K -100% $0.00 0 Jan 30, 2025 Common Stock 25.4K $96.67 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -26.1K -100% $0.00 0 Jan 30, 2025 Common Stock 26.1K $94.37 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -25.2K -100% $0.00 0 Jan 30, 2025 Common Stock 25.2K $97.38 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -19.3K -100% $0.00 0 Jan 30, 2025 Common Stock 19.3K $127.49 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -15.7K -100% $0.00 0 Jan 30, 2025 Common Stock 15.7K $146.17 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -9.84K -45.55% $0.00 11.8K Jan 30, 2025 Common Stock 9.84K $192.91 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 10/25/2024.

Remarks:

Due to the limitation on the number of transactions that can be reported on a single Form 4, this Form 4 is the first of two being filed by the reporting person on the date hereof.