Sarandos Theodore A's Form 4 filing
Netflix Inc (NFLX) · filed Feb 12, 2024
- Accession no.
- 0001065280-24-000079
- Filed
- Feb 12, 2024
- Trade date
- Feb 9, 2024
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Checked
This filing lists 10 non-derivative transactions and 3 derivative transactions. Open-market sales total $38.7M. 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 |
|---|---|---|---|---|---|---|---|---|
| Feb 9, 2024 | Common Stock | MOption exerciseAcquired | +25,130 | $79.58 | +$1,999,845.4 | 26,408 | Direct | |
| Feb 9, 2024 | Common Stock | MOption exerciseAcquired | +22,470 | $89.00 | +$1,999,830 | 48,878 | Direct | |
| Feb 9, 2024 | Common Stock | MOption exerciseAcquired | +21,357 | $93.64 | +$1,999,869.48 | 70,235 | Direct | |
| Feb 9, 2024 | Common Stock | SSaleDisposed | −6,144 | $558.84F2 | −$3,433,512.96 | 64,091 | Direct | |
| Feb 9, 2024 | Common Stock | SSaleDisposed | −13,580 | $560.03F3 | −$7,605,207.4 | 50,511 | Direct | |
| Feb 9, 2024 | Common Stock | SSaleDisposed | −14,155 | $560.94F4 | −$7,940,105.7 | 36,356 | Direct | |
| Feb 9, 2024 | Common Stock | SSaleDisposed | −18,958 | $561.77F5 | −$10,650,035.66 | 17,398 | Direct | |
| Feb 9, 2024 | Common Stock | SSaleDisposed | −11,816 | $562.82F6 | −$6,650,281.12 | 5,582 | Direct | |
| Feb 9, 2024 | Common Stock | SSaleDisposed | −2,474 | $563.58F7 | −$1,394,296.92 | 3,108 | Direct | |
| Feb 9, 2024 | Common Stock | SSaleDisposed | −1,830 | $565.00 | −$1,033,950 | 1,278 | 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 |
|---|---|---|---|---|---|---|---|---|
| Feb 9, 2024 | Common Stock | MOption exerciseDisposed | −25,130 | $0.00 | $0 | 0 | Direct | |
| Feb 9, 2024 | Common Stock | MOption exerciseDisposed | −22,470 | $0.00 | $0 | 0 | Direct | |
| Feb 9, 2024 | Common Stock | MOption exerciseDisposed | −21,357 | $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 $558.39 to $559.38. 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 $559.39 to $560.35. 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 $560.39 to $561.38. 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 $561.39 to $562.35. 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 $562.39 to $563.38. 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 $563.39 to $564.14. 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.