Sec Form 4 Filing - Hoag Jay C @ NETFLIX INC - 2024-02-08

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 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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1. Name and Address of Reporting Person Hoag Jay C 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) (Last) (First) (Middle) C/O TECHNOLOGY CROSSOVER VENTURES, 250 MIDDLEFIELD ROAD 3. Date of Earliest Transaction (MM/DD/YY) 02/08/2024 (Street) MENLO PARK, CA94025 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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) Code V Amount (A) or (D) Price Common Stock 02/08/2024 M 123 A $ 509.11 3,865 D ( 1 ) Common Stock 02/08/2024 M 125 A $ 499.08 3,990 D ( 1 ) Common Stock 02/08/2024 M 117 A $ 533.54 4,107 D ( 1 ) Common Stock 02/08/2024 M 122 A $ 515.15 4,229 D ( 1 ) Common Stock 02/08/2024 M 136 A $ 457.13 4,365 D ( 1 ) Common Stock 02/08/2024 M 162 A $ 386.24 4,527 D ( 1 ) Common Stock 02/08/2024 M 168 A $ 373.47 4,695 D ( 1 ) Common Stock 02/08/2024 M 293 A $ 199.46 4,988 D ( 2 ) Common Stock 02/08/2024 M 303 A $ 192.91 5,291 D ( 2 ) Common Stock 02/08/2024 M 325 A $ 179.95 5,616 D ( 2 ) Common Stock 02/08/2024 M 259 A $ 226.21 5,875 D ( 2 ) Common Stock 02/08/2024 M 254 A $ 230.04 6,129 D ( 2 ) Common Stock 02/08/2024 M 245 A $ 239.04 6,374 D ( 2 ) Common Stock 02/08/2024 M 204 A $ 286.75 6,578 D ( 2 ) Common Stock 02/08/2024 M 184 A $ 316.95 6,762 D ( 2 ) Common Stock 02/08/2024 M 198 A $ 294.95 6,960 D ( 2 ) Common Stock 02/08/2024 M 172 A $ 361.99 7,132 D ( 2 ) Common Stock 02/08/2024 M 200 A $ 313.48 7,332 D ( 2 ) Common Stock 02/08/2024 M 179 A $ 348.28 7,511 D ( 2 ) Common Stock 02/08/2024 M 193 A $ 324.12 7,704 D ( 2 ) Common Stock 02/08/2024 M 155 A $ 403.13 7,859 D ( 2 ) Common Stock 02/08/2024 M 142 A $ 441.44 8,001 D ( 2 ) Common Stock 02/08/2024 M 142 A $ 438.62 8,143 D ( 2 ) Common Stock 02/08/2024 M 142 A $ 439.88 8,285 D ( 2 ) Common Stock 02/08/2024 M 165 A $ 380.33 8,450 D ( 2 ) Common Stock 02/08/2024 M 148 A $ 420.19 8,598 D ( 2 ) Common Stock 02/08/2024 M 134 A $ 465.74 8,732 D ( 2 ) Common Stock 02/08/2024 M 134 A $ 468.5 8,866 D ( 2 ) Common Stock 02/08/2024 S 8,866 D $ 562.85 0 D ( 2 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Non-qualified Stock Option (right to buy) $ 509.11 02/08/2024 M 123 05/03/2021 05/03/2031 Common Stock 123 $ 0 0 D ( 1 ) Non-qualified Stock Option (right to buy) $ 499.08 02/08/2024 M 125 06/01/2021 06/01/2031 Common Stock 125 $ 0 0 D ( 1 ) Non-qualified Stock Option (right to buy) $ 533.54 02/08/2024 M 117 07/01/2021 07/01/2031 Common Stock 117 $ 0 0 D ( 1 ) Non-qualified Stock Option (right to buy) $ 515.15 02/08/2024 M 122 08/02/2021 08/02/2031 Common Stock 122 $ 0 0 D ( 1 ) Non-qualified Stock Option (right to buy) $ 457.13 02/08/2024 M 136 02/01/2022 02/01/2032 Common Stock 136 $ 0 0 D ( 1 ) Non-qualified Stock Option (right to buy) $ 386.24 02/08/2024 M 162 03/01/2022 03/01/2032 Common Stock 162 $ 0 0 D ( 1 ) Non-qualified Stock Option (right to buy) $ 373.47 02/08/2024 M 168 04/01/2022 04/01/2032 Common Stock 168 $ 0 0 D ( 1 ) Non-qualified Stock Option (right to buy) $ 199.46 02/08/2024 M 293 05/02/2022 05/02/2032 Common Stock 293 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 192.91 02/08/2024 M 303 06/01/2022 06/01/2032 Common Stock 303 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 179.95 02/08/2024 M 325 07/01/2022 07/01/2032 Common Stock 325 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 226.21 02/08/2024 M 259 08/01/2022 08/01/2032 Common Stock 259 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 230.04 02/08/2024 M 254 09/01/2022 09/01/2032 Common Stock 254 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 239.04 02/08/2024 M 245 10/03/2022 10/03/2032 Common Stock 245 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 286.75 02/08/2024 M 204 11/01/2022 11/01/2032 Common Stock 204 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 316.95 02/08/2024 M 184 12/01/2022 12/01/2032 Common Stock 184 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 294.95 02/08/2024 M 198 01/03/2023 01/03/2033 Common Stock 198 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 361.99 02/08/2024 M 172 02/01/2023 02/01/2033 Common Stock 172 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 313.48 02/08/2024 M 200 03/01/2023 03/01/2033 Common Stock 200 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 348.28 02/08/2024 M 179 04/03/2023 04/03/2033 Common Stock 179 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 324.12 02/08/2024 M 193 05/01/2023 05/01/2033 Common Stock 193 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 403.13 02/08/2024 M 155 06/01/2023 06/01/2033 Common Stock 155 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 441.44 02/08/2024 M 142 07/03/2023 07/03/2033 Common Stock 142 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 438.62 02/08/2024 M 142 08/01/2023 08/01/2033 Common Stock 142 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 439.88 02/08/2024 M 142 09/01/2023 09/01/2033 Common Stock 142 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 380.33 02/08/2024 M 165 10/02/2023 10/02/2033 Common Stock 165 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 420.19 02/08/2024 M 148 11/01/2023 11/01/2033 Common Stock 148 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 465.74 02/08/2024 M 134 12/01/2023 12/01/2033 Common Stock 134 $ 0 0 D ( 2 ) Non-qualified Stock Option (right to buy) $ 468.5 02/08/2024 M 134 01/02/2024 01/02/2034 Common Stock 134 $ 0 0 D ( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Hoag Jay C C/O TECHNOLOGY CROSSOVER VENTURES 250 MIDDLEFIELD ROAD MENLO PARK, CA94025 X Signatures /s/ Frederic D. Fenton, Authorized signatory for Jay C. Hoag 02/12/2024 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Jay C. Hoag has sole voting and dispositive power over the options and shares to be received upon exercise of such options that he holds directly. However, TCV VII Management, L.L.C. and TCV VIII Management, L.L.C. have a right to 100% of the pecuniary interest in such options and shares. Mr. Hoag is a Member of TCV VII Management, L.L.C. and a Member of TCV VIII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein. ( 2 )Jay C. Hoag has sole voting and dispositive power over the options and shares to be received upon exercise of such options that he holds directly. However, TCV VIII Management, L.L.C. has a right to 100% of the pecuniary interest in such options and shares. Mr. Hoag is a Member of TCV VIII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.

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

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.
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