Sarandos Theodore A's Form 4 filing
Netflix Inc (NFLX) · filed Aug 7, 2023
- Accession no.
- 0001065280-23-000217
- Filed
- Aug 7, 2023
- Trade date
- Aug 4, 2023
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Checked
This filing lists 11 non-derivative transactions and 3 derivative transactions. Open-market sales total $23.9M. It was filed 3 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sarandos Theodore ACIK 0001393838 | Director, Officer (Co-CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 4, 2023 | Common Stock | MOption exerciseAcquired | +15,952 | $125.37 | +$1,999,902.24 | 15,952 | Direct | |
| Aug 4, 2023 | Common Stock | MOption exerciseAcquired | +16,279 | $140.78 | +$2,291,757.62 | 32,231 | Direct | |
| Aug 4, 2023 | Common Stock | MOption exerciseAcquired | +23,155 | $179.95 | +$4,166,742.25 | 55,386 | Direct | |
| Aug 4, 2023 | Common Stock | SSaleDisposed | −8,060 | $427.77F2 | −$3,447,826.2 | 47,326 | Direct | |
| Aug 4, 2023 | Common Stock | SSaleDisposed | −10,288 | $428.77F3 | −$4,411,185.76 | 37,038 | Direct | |
| Aug 4, 2023 | Common Stock | SSaleDisposed | −1,874 | $429.48F4 | −$804,845.52 | 35,164 | Direct | |
| Aug 4, 2023 | Common Stock | SSaleDisposed | −4,381 | $431.15F5 | −$1,888,868.15 | 30,783 | Direct | |
| Aug 4, 2023 | Common Stock | SSaleDisposed | −13,025 | $432.18F6 | −$5,629,144.5 | 17,758 | Direct | |
| Aug 4, 2023 | Common Stock | SSaleDisposed | −13,431 | $433.00F7 | −$5,815,623 | 4,327 | Direct | |
| Aug 4, 2023 | Common Stock | SSaleDisposed | −3,544 | $434.22F8 | −$1,538,875.68 | 783 | Direct | |
| Aug 4, 2023 | Common Stock | SSaleDisposed | −783 | $435.18F9 | −$340,745.94 | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 4, 2023 | Common Stock | MOption exerciseDisposed | −15,952 | $0.00 | $0 | 0 | Direct | |
| Aug 4, 2023 | Common Stock | MOption exerciseDisposed | −16,279 | $0.00 | $0 | 0 | Direct | |
| Aug 4, 2023 | Common Stock | MOption exerciseDisposed | −23,155 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This transaction was executed in multiple trades at prices ranging from $427.1833 to $428.17. 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.
Referenced by the price of 1 transaction in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $428.2078 to $429.20. 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.
Referenced by the price of 1 transaction in Table I.
- F4
This transaction was executed in multiple trades at prices ranging from $429.21 to $429.91. 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.
Referenced by the price of 1 transaction in Table I.
- F5
This transaction was executed in multiple trades at prices ranging from $430.61 to $431.6073. 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.
Referenced by the price of 1 transaction in Table I.
- F6
This transaction was executed in multiple trades at prices ranging from $431.63 to $432.6271. 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.
Referenced by the price of 1 transaction in Table I.
- F7
This transaction was executed in multiple trades at prices ranging from $432.63 to $433.626. 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.
Referenced by the price of 1 transaction in Table I.
- F8
This transaction was executed in multiple trades at prices ranging from $433.65 to $434.56. 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.
Referenced by the price of 1 transaction in Table I.
- F9
This transaction was executed in multiple trades at prices ranging from $434.8786 to $435.50. 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.
Referenced by the price of 1 transaction in Table I.