David A. Hyman - Feb 3, 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Chief Legal Officer
Signature
By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman
Stock symbol
NFLX
Transactions as of
Feb 3, 2025
Transactions value $
-$833,916
Form type
4
Date filed
2/5/2025, 08:54 PM
Previous filing
Feb 3, 2025
Next filing
Feb 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise +544 +1.72% 32.2K Feb 3, 2025 Direct F1
transaction NFLX Common Stock Options Exercise +302 +0.94% 32.5K Feb 3, 2025 Direct F1
transaction NFLX Common Stock Tax liability -$265K -271 -0.83% $976.76 32.2K Feb 3, 2025 Direct F2
transaction NFLX Common Stock Tax liability -$147K -151 -0.47% $976.76 32K Feb 3, 2025 Direct F2
transaction NFLX Common Stock Sale -$422K -424 -1.32% $994.63 31.6K Feb 4, 2025 Direct F3

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 Restricted Stock Units Options Exercise $0 -544 -12.51% $0.00 3.81K Feb 3, 2025 Common Stock 544 Direct F4, F5
transaction NFLX Restricted Stock Units Options Exercise $0 -302 -8.31% $0.00 3.33K Feb 3, 2025 Common Stock 302 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
F2 Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
F3 This transaction was executed in multiple trades at prices ranging from $994.6033 to $994.685. 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.
F4 Each RSU represents a contingent right to receive one share of Netflix common stock.
F5 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).
F6 On January 23, 2025, the Reporting Person was granted 3,634 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, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).