Edgar Filing: HYMAN DAVID A

Ownership Submission

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 OF SECURITIES

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

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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

HYMAN DAVID A

2. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [NFLX]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
General Counsel

(Last)

(First)

(Middle)

100 WINCHESTER CIRCLE

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2017

(Street)

LOS GATOS, CA 95032

4. If Amendment, Date 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

(City)

(State)

(Zip)

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	10/30/2017		M		6,461 ⁽¹⁾	A	$ 35.5886	43,071	D
Common Stock	10/30/2017		M		5,572 ⁽¹⁾	A	$ 41.2857	48,643	D
Common Stock	10/30/2017		M		4,963 ⁽¹⁾	A	$ 46.3743	53,606	D
Common Stock	10/30/2017		M		4,893 ⁽¹⁾	A	$ 47.0386	58,499	D
Common Stock	10/30/2017		M		4,424 ⁽¹⁾	A	$ 51.9886	62,923	D
Common Stock	10/30/2017		M		4,438 ⁽¹⁾	A	$ 51.8314	67,361	D
Common Stock	10/30/2017		M		5,411 ⁽¹⁾	A	$ 57.7686	72,772	D
Common Stock	10/30/2017		M		4,907 ⁽¹⁾	A	$ 63.6557	77,679	D
Common Stock	10/30/2017		M		5,999 ⁽¹⁾	A	$ 52.0986	83,678	D
Common Stock	10/30/2017		M		6,503 ⁽¹⁾	A	$ 48.0743	90,181	D
Common Stock	10/30/2017		M		5,180 ⁽¹⁾	A	$ 60.2943	95,361	D
Common Stock	10/30/2017		M		4,627 ⁽¹⁾	A	$ 67.5857	99,988	D
Common Stock	10/30/2017		S		20,435 ⁽¹⁾	D	$ 198.1403 ⁽²⁾	79,553	D
Common Stock	10/30/2017		S		30,943 ⁽¹⁾	D	$ 199.1101 ⁽³⁾	48,610	D
Common Stock	10/30/2017		S		12,000 ⁽¹⁾	D	$ 199.6341 ⁽⁴⁾	36,610	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

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 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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Non-Qualified Stock Option (right to buy)

$ 35.5886

10/30/2017

6,461 ⁽¹⁾

08/01/2013

08/01/2023

Common Stock

6,461

$ 0

Non-Qualified Stock Option (right to buy)

$ 41.2857

10/30/2017

5,572 ⁽¹⁾

09/03/2013

09/03/2023

Common Stock

5,572

$ 0

Non-Qualified Stock Option (right to buy)

$ 46.3743

10/30/2017

4,963 ⁽¹⁾

10/01/2013

10/01/2023

Common Stock

4,963

$ 0

Non-Qualified Stock Option (right to buy)

$ 47.0386

10/30/2017

4,893 ⁽¹⁾

11/01/2013

11/01/2023

Common Stock

4,893

$ 0

Non-Qualified Stock Option (right to buy)

$ 48.0743

10/30/2017

6,503 ⁽¹⁾

05/01/2014

05/01/2024

Common Stock

6,503

$ 0

Non-Qualified Stock Option (right to buy)

$ 51.8314

10/30/2017

4,438 ⁽¹⁾

01/02/2014

01/02/2024

Common Stock

4,438

$ 0

Non-Qualified Stock Option (right to buy)

$ 51.9886

10/30/2017

4,424 ⁽¹⁾

12/02/2013

12/02/2023

Common Stock

4,424

$ 0

Non-Qualified Stock Option (right to buy)

$ 52.0986

10/30/2017

5,999 ⁽¹⁾

04/01/2014

04/01/2024

Common Stock

5,999

$ 0

Non-Qualified Stock Option (right to buy)

$ 57.7686

10/30/2017

5,411 ⁽¹⁾

02/03/2014

02/03/2024

Common Stock

5,411

$ 0

Non-Qualified Stock Option (right to buy)

$ 60.2943

10/30/2017

5,180 ⁽¹⁾

06/02/2014

06/02/2024

Common Stock

5,180

$ 0

Non-Qualified Stock Option (right to buy)

$ 63.6557

10/30/2017

4,907 ⁽¹⁾

03/03/2014

03/03/2024

Common Stock

4,907

$ 0

Non-Qualified Stock Option (right to buy)

$ 67.5857

10/30/2017

4,627 ⁽¹⁾

07/01/2014

07/01/2024

Common Stock

4,627

$ 0

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HYMAN DAVID A 100 WINCHESTER CIRCLE LOS GATOS, CA 95032			General Counsel

Signatures

By: Carole Payne, Authorized Signatory For: David A. Hyman		10/31/2017
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).
(2)	This transaction was executed in multiple trades at prices ranging from $197.62 to $198.60. 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.
(3)	This transaction was executed in multiple trades at prices ranging from $198.62 to $199.56. 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.
(4)	This transaction was executed in multiple trades at prices ranging from $199.62 to $199.72. 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.

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