Sec Form 4 Filing - HASTINGS REED @ NETFLIX INC - 2021-12-17

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

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person HASTINGS REED 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 (Last) (First) (Middle) 100 WINCHESTER CIRCLE 3. Date of Earliest Transaction (MM/DD/YY) 12/17/2021 (Street) LOS GATOS, CA95032 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other HASTINGS REED 100 WINCHESTER CIRCLE LOS GATOS, CA95032 X Co-CEO Signatures By: Reg Thompson, Authorized Signatory For: Reed Hastings 12/21/2021 Signature of Reporting Person Date

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

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.