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

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).

1. Name and Address of Reporting Person^*

HASTINGS REED

(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
X	Officer (give title below)	Other (specify below)
	Co-CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2021

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	12/17/2021		M		27,398	A	$30.4157	27,398	D
Common Stock	12/17/2021		M		31,976	A	$26.0614	59,374	D
Common Stock	12/17/2021		M		30,807	A	$27.0529	90,181	D
Common Stock	12/17/2021		M		35,399	A	$23.5429	125,580	D
Common Stock	12/17/2021		M		47,551	A	$13.1443	173,131	D
Common Stock	12/17/2021		M		57,561	A	$10.8586	230,692	D
Common Stock	12/17/2021		M		56,315	A	$11.0986	287,007	D
Common Stock	12/17/2021		M		78,057	A	$8.0071	365,064	D
Common Stock	12/17/2021		M		78,225	A	$7.99	443,289	D
Common Stock	12/17/2021		M		80,276	A	$7.7857	523,565	D
Common Stock	12/17/2021		M		64,477	A	$9.6929	588,042	D
Common Stock	12/17/2021		M		69,503	A	$8.9929	657,545	D
Common Stock	12/17/2021		M		53,774	A	$11.6229	711,319	D
Common Stock	12/17/2021		M		38,388	A	$16.2814	749,707	D
Common Stock	12/17/2021		M		38,801	A	$16.1071	788,508	D
Common Stock	12/17/2021		F		382,068⁽¹⁾	D	$586.73	406,440	D
Common Stock	12/21/2021		G	V	406,440	D	$0	0	D
Common Stock	12/21/2021		G	V	406,440	A	$0	5,107,501⁽²⁾	I	by Trust

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)	$7.7857	12/17/2021		M			80,276	08/01/2012	08/01/2022	Common Stock	80,276	$0	0	D
Non-Qualified Stock Option (right to buy)	$7.99	12/17/2021		M			78,225	09/04/2012	09/04/2022	Common Stock	78,225	$0	0	D
Non-Qualified Stock Option (right to buy)	$8.0071	12/17/2021		M			78,057	10/01/2012	10/01/2022	Common Stock	78,057	$0	0	D
Non-Qualified Stock Option (right to buy)	$8.9929	12/17/2021		M			69,503	06/01/2012	06/01/2022	Common Stock	69,503	$0	0	D
Non-Qualified Stock Option (right to buy)	$9.6929	12/17/2021		M			64,477	07/02/2012	07/02/2022	Common Stock	64,477	$0	0	D
Non-Qualified Stock Option (right to buy)	$10.8586	12/17/2021		M			57,561	12/03/2012	12/03/2022	Common Stock	57,561	$0	0	D
Non-Qualified Stock Option (right to buy)	$11.0986	12/17/2021		M			56,315	11/01/2012	11/01/2022	Common Stock	56,315	$0	0	D
Non-Qualified Stock Option (right to buy)	$11.6229	12/17/2021		M			53,774	05/01/2012	05/01/2022	Common Stock	53,774	$0	0	D
Non-Qualified Stock Option (right to buy)	$13.1443	12/17/2021		M			47,551	01/02/2013	01/02/2023	Common Stock	47,551	$0	0	D
Non-Qualified Stock Option (right to buy)	$16.1071	12/17/2021		M			38,801	03/01/2012	03/01/2022	Common Stock	38,801	$0	0	D
Non-Qualified Stock Option (right to buy)	$16.2814	12/17/2021		M			38,388	04/02/2012	04/02/2022	Common Stock	38,388	$0	0	D
Non-Qualified Stock Option (right to buy)	$23.5429	12/17/2021		M			35,399	02/01/2013	02/01/2023	Common Stock	35,399	$0	0	D
Non-Qualified Stock Option (right to buy)	$26.0614	12/17/2021		M			31,976	04/01/2013	04/01/2023	Common Stock	31,976	$0	0	D
Non-Qualified Stock Option (right to buy)	$27.0529	12/17/2021		M			30,807	03/01/2013	03/01/2023	Common Stock	30,807	$0	0	D
Non-Qualified Stock Option (right to buy)	$30.4157	12/17/2021		M			27,398	05/01/2013	05/01/2023	Common Stock	27,398	$0	0	D

Explanation of Responses:

1. Shares of common stock withheld by the Issuer to satisfy tax withholding obligations associated with the option exercise.

2. As Trustee of the Hastings-Quillin Family Trust

Remarks:

	By: Reg Thompson, Authorized Signatory For: Reed Hastings	12/21/2021
	** 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.