Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
HYMAN DAVID A
  2. Issuer Name and Ticker or Trading Symbol
NETFLIX INC [NFLX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
General Counsel
(Last)
(First)
(Middle)
100 WINCHESTER CIRCLE
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2017
(Street)

LOS GATOS, CA 95032
4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common Stock 10/30/2017   M   6,461 (1) A $ 35.5886 43,071 D  
Common Stock 10/30/2017   M   5,572 (1) A $ 41.2857 48,643 D  
Common Stock 10/30/2017   M   4,963 (1) A $ 46.3743 53,606 D  
Common Stock 10/30/2017   M   4,893 (1) A $ 47.0386 58,499 D  
Common Stock 10/30/2017   M   4,424 (1) A $ 51.9886 62,923 D  
Common Stock 10/30/2017   M   4,438 (1) A $ 51.8314 67,361 D  
Common Stock 10/30/2017   M   5,411 (1) A $ 57.7686 72,772 D  
Common Stock 10/30/2017   M   4,907 (1) A $ 63.6557 77,679 D  
Common Stock 10/30/2017   M   5,999 (1) A $ 52.0986 83,678 D  
Common Stock 10/30/2017   M   6,503 (1) A $ 48.0743 90,181 D  
Common Stock 10/30/2017   M   5,180 (1) A $ 60.2943 95,361 D  
Common Stock 10/30/2017   M   4,627 (1) A $ 67.5857 99,988 D  
Common Stock 10/30/2017   S   20,435 (1) D $ 198.1403 (2) 79,553 D  
Common Stock 10/30/2017   S   30,943 (1) D $ 199.1101 (3) 48,610 D  
Common Stock 10/30/2017   S   12,000 (1) D $ 199.6341 (4) 36,610 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 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) $ 35.5886 10/30/2017   M     6,461 (1) 08/01/2013 08/01/2023 Common Stock 6,461 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 41.2857 10/30/2017   M     5,572 (1) 09/03/2013 09/03/2023 Common Stock 5,572 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 46.3743 10/30/2017   M     4,963 (1) 10/01/2013 10/01/2023 Common Stock 4,963 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 47.0386 10/30/2017   M     4,893 (1) 11/01/2013 11/01/2023 Common Stock 4,893 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 48.0743 10/30/2017   M     6,503 (1) 05/01/2014 05/01/2024 Common Stock 6,503 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 51.8314 10/30/2017   M     4,438 (1) 01/02/2014 01/02/2024 Common Stock 4,438 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 51.9886 10/30/2017   M     4,424 (1) 12/02/2013 12/02/2023 Common Stock 4,424 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 52.0986 10/30/2017   M     5,999 (1) 04/01/2014 04/01/2024 Common Stock 5,999 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 57.7686 10/30/2017   M     5,411 (1) 02/03/2014 02/03/2024 Common Stock 5,411 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 60.2943 10/30/2017   M     5,180 (1) 06/02/2014 06/02/2024 Common Stock 5,180 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 63.6557 10/30/2017   M     4,907 (1) 03/03/2014 03/03/2024 Common Stock 4,907 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 67.5857 10/30/2017   M     4,627 (1) 07/01/2014 07/01/2024 Common Stock 4,627 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HYMAN DAVID A
100 WINCHESTER CIRCLE
LOS GATOS, CA 95032
      General Counsel  

Signatures

 By: Carole Payne, Authorized Signatory For: David A. Hyman   10/31/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).
(2) This transaction was executed in multiple trades at prices ranging from $197.62 to $198.60. 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.
(3) This transaction was executed in multiple trades at prices ranging from $198.62 to $199.56. 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.
(4) This transaction was executed in multiple trades at prices ranging from $199.62 to $199.72. 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.

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