Form 4 for NFLX Netflix
Accepted 2021-08-04 00:00:00 ET · period of report 2021-08-02 · accession 0001082906-21-000023 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2021-08-04 | 2021-08-02 | NFLX | Hoag Jay C | Dir | J - Other | $0.00 | -332.8K | 87.5K | -79% | $0 |
| I | 2021-08-04 | 2021-08-03 | NFLX | Hoag Jay C | Dir | S - Sale | $510.16 | -939 | 0 | -100% | -$479.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-02 | J | D | 229,063 | $0.00 | 474,762 | I TCV VII, L.P. | — | — | (F2) These shares are directly held by TCV VII. Jay C. Hoag is a Class A Director of Technology Crossover Management VII, Ltd. ("Management VII") and a limited partner of Technology Crossover Management VII, L.P. ("TCM VII"). Management VII is the sole general partner of TCM VII, which is the sole general partner of TCV VII. Mr. Hoag may be deemed to beneficially own the shares held by TCV VII but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2021-08-02 | J | D | 118,956 | $0.00 | 246,553 | I TCV VII (A), L.P. | — | — | (F4) These shares are directly held by TCV VII (A). Jay C. Hoag is a Class A Director of Management VII and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII, which is the sole general partner of TCV VII (A). Mr. Hoag may be deemed to beneficially own the shares held by TCV VII (A) but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 3 | Common | Common Stock | 2021-08-02 | J | D | 1,981 | $0.00 | 4,105 | I TCV Member Fund, L.P. | — | — | (F6) These shares are directly held by Member Fund. Jay C. Hoag is a limited partner of Member Fund and a Class A Director of Management VII. Management VII is a general partner of Member Fund. Mr. Hoag may be deemed to beneficially own the shares held by Member Fund but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 4 | Common | Common Stock | 2021-08-03 | S | D | 939 | $510.16 | 0 | I Technology Crossover Management VII, L.P. | — | — | (F14) This number represents a weighted average purchase price per share. The shares were sold at prices ranging from $510.05 to $510.375 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. (F8) These shares are directly held by TCM VII. Jay C. Hoag is a Class A Director of Management VII and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII. Mr. Hoag may be deemed to beneficially own the shares held by TCM VII, but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 5 | Common | Common Stock | 2021-08-02 | J | D | 86,579 | $0.00 | 939 | I Technology Crossover Management VII, L.P. | — | — | (F8) These shares are directly held by TCM VII. Jay C. Hoag is a Class A Director of Management VII and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII. Mr. Hoag may be deemed to beneficially own the shares held by TCM VII, but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 6 | Common | Common Stock | 2021-08-02 | J | A | 8,116 | $0.00 | 487,514 | I The Hoag Family Trust U/A DTD 08/02/1994 | — | — | (F11) 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. |
| 7 | Common | Common Stock | 2021-08-02 | J | A | 8,116 | $0.00 | 146,432 | I Hamilton Investments Limited Partnership | — | — | (F13) 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. |
| 8 | Common | Common Stock | 2021-08-02 | J | A | 87,518 | $0.00 | 87,518 | I Technology Crossover Management VII, L.P. | — | — | (F8) These shares are directly held by TCM VII. Jay C. Hoag is a Class A Director of Management VII and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII. Mr. Hoag may be deemed to beneficially own the shares held by TCM VII, but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |