Netflix Form 4 / Jay C Hoag ownership change

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^*

Hoag Jay C

(Last)

(First)

(Middle)

250 MIDDLEFIELD ROAD

(Street)

MENLO PARK

94025

(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)
08/12/2024

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	08/12/2024		S		7,179	D	$631.3858⁽¹⁾	323,254	I	The Hoag Family Trust U/A DTD 08/02/1994⁽⁶⁾
Common Stock	08/12/2024		S		5,385	D	$631.3858⁽¹⁾	124,490	I	Hamilton Investments Limited Partnership⁽⁷⁾
Common Stock	08/12/2024		S		25	D	$631.3858⁽¹⁾	50	I	Hoag 2012 Irrevocable Trust UA DTD 12 24 12⁽⁸⁾
Common Stock	08/12/2024		S		23	D	$631.3858⁽¹⁾	45	I	Hoag 2023 Irrevocable Trust⁽⁹⁾
Common Stock	08/12/2024		S		2,922	D	$630.3531⁽²⁾	320,332	I	The Hoag Family Trust U/A DTD 08/02/1994⁽⁶⁾
Common Stock	08/12/2024		S		2,190	D	$630.3531⁽²⁾	122,300	I	Hamilton Investments Limited Partnership⁽⁷⁾
Common Stock	08/12/2024		S		11	D	$630.3531⁽²⁾	39	I	Hoag 2012 Irrevocable Trust UA DTD 12 24 12⁽⁸⁾
Common Stock	08/12/2024		S		9	D	$630.3531⁽²⁾	36	I	Hoag 2023 Irrevocable Trust⁽⁹⁾
Common Stock	08/12/2024		S		3,916	D	$629.2547⁽³⁾	316,416	I	The Hoag Family Trust U/A DTD 08/02/1994⁽⁶⁾
Common Stock	08/12/2024		S		2,937	D	$629.2547⁽³⁾	119,363	I	Hamilton Investments Limited Partnership⁽⁷⁾
Common Stock	08/12/2024		S		14	D	$629.2547⁽³⁾	25	I	Hoag 2012 Irrevocable Trust UA DTD 12 24 12⁽⁸⁾
Common Stock	08/12/2024		S		12	D	$629.2547⁽³⁾	24	I	Hoag 2023 Irrevocable Trust⁽⁹⁾
Common Stock	08/12/2024		S		6,807	D	$628.1915⁽⁴⁾	309,609	I	The Hoag Family Trust U/A DTD 08/02/1994⁽⁶⁾
Common Stock	08/12/2024		S		5,105	D	$628.1915⁽⁴⁾	114,258	I	Hamilton Investments Limited Partnership⁽⁷⁾
Common Stock	08/12/2024		S		23	D	$628.1915⁽⁴⁾	2	I	Hoag 2012 Irrevocable Trust UA DTD 12 24 12⁽⁸⁾
Common Stock	08/12/2024		S		22	D	$628.1915⁽⁴⁾	2	I	Hoag 2023 Irrevocable Trust⁽⁹⁾
Common Stock	08/12/2024		S		623	D	$627.5133⁽⁵⁾	308,986	I	The Hoag Family Trust U/A DTD 08/02/1994⁽⁶⁾
Common Stock	08/12/2024		S		468	D	$627.5133⁽⁵⁾	113,790	I	Hamilton Investments Limited Partnership⁽⁷⁾
Common Stock	08/12/2024		S		2	D	$627.5133⁽⁵⁾	0.00	I	Hoag 2012 Irrevocable Trust UA DTD 12 24 12⁽⁸⁾
Common Stock	08/12/2024		S		2	D	$627.5133⁽⁵⁾	0.00	I	Hoag 2023 Irrevocable Trust⁽⁹⁾

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)

Explanation of Responses:

1. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $630.835 to $631.79 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

2. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $629.825 to $630.785 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

3. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $628.71 to $629.695 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

4. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $627.77 to $628.68 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

5. Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $627.26 to $627.625 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

6. These shares are held by The Hoag Family Trust U/A DTD 08/02/1994. Jay C. Hoag is a trustee of The Hoag Family Trust U/A DTD 08/02/1994. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Due to an administrative error by a service provider, prior filings double-counted 53,734 shares, which overstated the indirect holdings of The Hoag Family Trust U/A DTD 08/02/1994 by that amount.

7. These shares are held by Hamilton Investments Limited Partnership. Jay C. Hoag is the general partner of Hamilton Investments Limited Partnership. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Due to an administrative error by a service provider, prior filings double-counted 6,198 shares, which overstated the indirect holdings of Hamilton Investments Limited Partnership by that amount.

8. These shares are held by Hoag 2012 Irrevocable Trust UA DTD 12 24 12. Jay C. Hoag is a trustee of Hoag 2012 Irrevocable Trust UA DTD 12 24 12. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

9. These shares are held by Hoag 2023 Irrevocable Trust. Jay C. Hoag is a trustee of Hoag 2023 Irrevocable Trust. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

This is the second of two parts of a Form 4 filing for the Reporting Person. There are two parts to this Form 4 filing because of the constraint of a 30 transaction line maximum for tables in a Form 4.

	/s/ Frederic D. Fenton Authorized signatory for Jay C. Hoag	08/14/2024
	** 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.

Netflix (NFLX) Form 4NETFLIX / Jay C Hoag ownership change