SEC FORM 4

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BARTON RICHARD N

(Last)

(First)

(Middle)

100 WINCHESTER CIRCLE

(Street)

LOS GATOS

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/21/2010

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/21/2010		M		1,966	A	$20.02	1,966	D
Common Stock	10/21/2010		S		1,966	D	$170.75	0	D
Common Stock	10/21/2010		M		30	A	$20.02	30	D
Common Stock	10/21/2010		S		30	D	$170.71	0	D
Common Stock	10/21/2010		M		1,754	A	$22.81	1,754	D
Common Stock	10/21/2010		S		1,754	D	$170.75	0	D
Common Stock	10/21/2010		M		1,451	A	$27.55	1,451	D
Common Stock	10/21/2010		S		1,451	D	$170.75	0	D
Common Stock	10/21/2010		M		1,357	A	$29.46	1,357	D
Common Stock	10/21/2010		S		1,357	D	$170.75	0	D
Common Stock	10/21/2010		M		1,504	A	$26.61	1,504	D
Common Stock	10/21/2010		S		1,504	D	$170.75	0	D
Common Stock	10/21/2010		M		1,761	A	$22.73	1,761	D
Common Stock	10/21/2010		S		1,761	D	$170.75	0	D
Common Stock	10/21/2010		M		1,751	A	$22.83	1,751	D
Common Stock	10/21/2010		S		1,751	D	$170.75	0	D
Common Stock	10/21/2010		M		1,704	A	$23.48	1,704	D
Common Stock	10/21/2010		S		1,704	D	$170.75	0	D
Common Stock	10/21/2010		M		1,805	A	$22.15	1,805	D
Common Stock	10/21/2010		S		1,805	D	$170.75	0	D
Common Stock	10/21/2010		M		1,855	A	$21.57	1,855	D
Common Stock	10/21/2010		S		1,855	D	$170.75	0	D
Common Stock	10/21/2010		M		2,053	A	$19.48	2,053	D
Common Stock	10/21/2010		S		2,053	D	$170.75	0	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$16.55	10/21/2010		M			2,415	07/01/2005	07/01/2015	Common Stock	2,415	$0	0	D
Non-Qualified Stock Option (right to buy)	$19.34	10/21/2010		M			2,066	08/01/2005	08/01/2015	Common Stock	2,066	$0	0	D
Non-Qualified Stock Option (right to buy)	$19.48	10/21/2010		M			2,053	07/02/2007	07/02/2017	Common Stock	2,053	$0	0	D
Non-Qualified Stock Option (right to buy)	$20.02	10/21/2010		M			1,966	09/01/2006	09/01/2016	Common Stock	1,966	$0	30	D
Non-Qualified Stock Option (right to buy)	$20.02	10/21/2010		M			30	09/01/2006	09/01/2016	Common Stock	30	$0	0	D
Non-Qualified Stock Option (right to buy)	$20.5	10/21/2010		M			1,949	08/01/2006	08/01/2016	Common Stock	1,949	$0	0	D
Non-Qualified Stock Option (right to buy)	$21.45	10/21/2010		M			1,866	09/01/2005	09/01/2015	Common Stock	1,866	$0	0	D
Non-Qualified Stock Option (right to buy)	$21.57	10/21/2010		M			1,855	06/01/2007	06/01/2017	Common Stock	1,855	$0	0	D
Non-Qualified Stock Option (right to buy)	$22.15	10/21/2010		M			1,805	05/01/2007	05/01/2017	Common Stock	1,805	$0	0	D
Non-Qualified Stock Option (right to buy)	$22.73	10/21/2010		M			1,761	02/01/2007	02/01/2017	Common Stock	1,761	$0	0	D
Non-Qualified Stock Option (right to buy)	$22.81	10/21/2010		M			1,754	10/02/2006	10/02/2016	Common Stock	1,754	$0	0	D
Non-Qualified Stock Option (right to buy)	$22.83	10/21/2010		M			1,751	03/01/2007	03/01/2017	Common Stock	1,751	$0	0	D
Non-Qualified Stock Option (right to buy)	$23.48	10/21/2010		M			1,704	04/02/2007	04/02/2017	Common Stock	1,704	$0	0	D
Non-Qualified Stock Option (right to buy)	$25.68	10/21/2010		M			1,558	11/01/2005	11/01/2015	Common Stock	1,558	$0	0	D
Non-Qualified Stock Option (right to buy)	$26.05	10/21/2010		M			1,536	01/03/2006	01/03/2016	Common Stock	1,536	$0	0	D
Non-Qualified Stock Option (right to buy)	$26.61	10/21/2010		M			1,504	01/03/2007	01/03/2017	Common Stock	1,504	$0	0	D
Non-Qualified Stock Option (right to buy)	$26.64	10/21/2010		M			1,502	10/03/2005	10/03/2015	Common Stock	1,502	$0	0	D
Non-Qualified Stock Option (right to buy)	$26.85	10/21/2010		M			807	03/01/2006	03/01/2016	Common Stock	807	$0	683	D
Non-Qualified Stock Option (right to buy)	$26.85	10/21/2010		M			683	03/01/2006	03/01/2016	Common Stock	683	$0	0	D
Non-Qualified Stock Option (right to buy)	$27.11	10/21/2010		M			1,475	12/01/2005	12/01/2015	Common Stock	1,475	$0	0	D
Non-Qualified Stock Option (right to buy)	$27.11	10/21/2010		M			1,475	02/01/2006	02/01/2016	Common Stock	1,475	$0	0	D
Non-Qualified Stock Option (right to buy)	$27.24	10/21/2010		M			1,468	07/03/2006	07/03/2016	Common Stock	1,468	$0	0	D
Non-Qualified Stock Option (right to buy)	$27.55	10/21/2010		M			1,451	11/01/2006	11/01/2016	Common Stock	1,451	$0	0	D
Non-Qualified Stock Option (right to buy)	$28.13	10/21/2010		M			1,422	04/03/2006	04/03/2016	Common Stock	1,422	$0	0	D
Non-Qualified Stock Option (right to buy)	$28.51	10/21/2010		M			1,403	06/01/2006	06/01/2016	Common Stock	1,403	$0	0	D
Non-Qualified Stock Option (right to buy)	$29.46	10/21/2010		M			1,357	12/01/2006	12/01/2016	Common Stock	1,357	$0	0	D
Non-Qualified Stock Option (right to buy)	$29.6	10/21/2010		M			1,351	05/01/2006	05/01/2016	Common Stock	1,351	$0	0	D

Explanation of Responses:

	By: David Hyman, Authorized Signatory For: Richard Barton	10/22/2010
	** 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.
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