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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FRIEDLAND JONATHAN
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)
Chief Communications Officer
(Last)          (First)          (Middle)

100 WINCHESTER CIRCLE
3. Date of Earliest Transaction (MM/DD/YYYY)

11/17/2015
(Street)

LOS GATOS, CA 95032
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   11/17/2015     M    1855.0   (1) A $59.0171   1855   D    
Common Stock   11/17/2015     S    1855.0   (1) D $118.03   0   D    
Common Stock   11/17/2015     M    1603.0   (1) A $52.0986   1603   D    
Common Stock   11/17/2015     S    1603.0   (1) D $117.22   0   D    
Common Stock   11/17/2015     M    1449.0   (1) A $51.8314   1449   D    
Common Stock   11/17/2015     S    1449.0   (1) D $116.62   0   D    
Common Stock   11/17/2015     M    1442.0   (1) A $51.9886   1442   D    
Common Stock   11/17/2015     S    1442.0   (1) D $116.97   0   D    
Common Stock   11/18/2015     M    1379.0   (1) A $60.2943   1379   D    
Common Stock   11/18/2015     S    1379.0   (1) D $120.59   0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)   $51.8314   11/17/2015     M         1449.0   (1)   1/2/2014   1/2/2024   Common Stock   1449   $0.0   0   D    
Non-Qualified Stock Option (right to buy)   $51.9886   11/17/2015     M         1442.0   (1)   12/2/2013   12/2/2023   Common Stock   1442   $0.0   0   D    
Non-Qualified Stock Option (right to buy)   $52.0986   11/17/2015     M         1603.0   (1)   4/1/2014   4/1/2024   Common Stock   1603   $0.0   0   D    
Non-Qualified Stock Option (right to buy)   $59.0171   11/17/2015     M         1855.0   (1)   4/1/2015   4/1/2025   Common Stock   1855   $0.0   0   D    
Non-Qualified Stock Option (right to buy)   $60.2943   11/18/2015     M         1379.0   (1)   6/2/2014   6/2/2024   Common Stock   1379   $0.0   0   D    

Explanation of Responses:
( 1)  Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FRIEDLAND JONATHAN
100 WINCHESTER CIRCLE
LOS GATOS, CA 95032


Chief Communications Officer

Signatures
By: Carole Payne, Authorized Signatory For: Jonathan Friedland 11/19/2015
** Signature of Reporting Person Date


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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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