Statement of Changes in Beneficial Ownership (4)

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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	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 ^* HASTINGS REED	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 __X__ Officer (give title below) _____ Other (specify below) Co-CEO
(Last) (First) (Middle) 100 WINCHESTER CIRCLE	3. Date of Earliest Transaction (MM/DD/YYYY) 11/23/2020
(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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/23/2020		M		32697 ⁽¹⁾	A	$25.4871	32697	D
Common Stock	11/23/2020		S		10177 ⁽¹⁾	D	$476.3173 ⁽²⁾	22520	D
Common Stock	11/23/2020		M		32648 ⁽¹⁾	A	$38.2843	55168	D
Common Stock	11/23/2020		S		4016 ⁽¹⁾	D	$477.4214 ⁽³⁾	51152	D
Common Stock	11/23/2020		M		33222 ⁽¹⁾	A	$37.6257	84374	D
Common Stock	11/23/2020		S		1300 ⁽¹⁾	D	$478.3869 ⁽⁴⁾	83074	D
Common Stock	11/23/2020		M		37513 ⁽¹⁾	A	$33.3243	120587	D
Common Stock	11/23/2020		S		13179 ⁽¹⁾	D	$479.7338 ⁽⁵⁾	107408	D
Common Stock	11/23/2020		M		77266 ⁽¹⁾	A	$16.1786	184674	D
Common Stock	11/23/2020		S		34153 ⁽¹⁾	D	$480.7325 ⁽⁶⁾	150521	D
Common Stock	11/23/2020		S		30915 ⁽¹⁾	D	$481.788 ⁽⁷⁾	119606	D
Common Stock	11/23/2020		S		52494 ⁽¹⁾	D	$482.6398 ⁽⁸⁾	67112	D
Common Stock	11/23/2020		S		24750 ⁽¹⁾	D	$483.7409 ⁽⁹⁾	42362	D
Common Stock	11/23/2020		S		12656 ⁽¹⁾	D	$484.5669 ⁽¹⁰⁾	29706	D
Common Stock	11/23/2020		S		12100 ⁽¹⁾	D	$485.6691 ⁽¹¹⁾	17606	D
Common Stock	11/23/2020		S		3109 ⁽¹⁾	D	$486.5448 ⁽¹²⁾	14497	D
Common Stock	11/23/2020		S		4275 ⁽¹⁾	D	$487.6929 ⁽¹³⁾	10222	D
Common Stock	11/23/2020		S		2200 ⁽¹⁾	D	$488.6145 ⁽¹⁴⁾	8022	D
Common Stock	11/23/2020		S		5600 ⁽¹⁾	D	$489.7148 ⁽¹⁵⁾	2422	D
Common Stock	11/23/2020		S		2422 ⁽¹⁾	D	$490.4451 ⁽¹⁶⁾	0	D
Common Stock								5005392	I	by Trust

*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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$16.1786	11/23/2020		M			77266 ⁽¹⁾	10/3/2011	10/3/2021	Common Stock	77266	$0.0	0	D
Non-Qualified Stock Option (right to buy)	$25.4871	11/23/2020		M			32697 ⁽¹⁾	1/3/2011	1/3/2021	Common Stock	32697	$0.0	0	D
Non-Qualified Stock Option (right to buy)	$33.3243	11/23/2020		M			37513 ⁽¹⁾	9/1/2011	9/1/2021	Common Stock	37513	$0.0	0	D
Non-Qualified Stock Option (right to buy)	$37.6257	11/23/2020		M			33222 ⁽¹⁾	8/1/2011	8/1/2021	Common Stock	33222	$0.0	0	D
Non-Qualified Stock Option (right to buy)	$38.2843	11/23/2020		M			32648 ⁽¹⁾	7/1/2011	7/1/2021	Common Stock	32648	$0.0	0	D

Explanation of Responses:
(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 $475.93 to $476.91. 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 $476.99 to $477.89. 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 $477.99 to $478.78. 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.
(5)	This transaction was executed in multiple trades at prices ranging from $479.20 to $480.19. 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.
(6)	This transaction was executed in multiple trades at prices ranging from $480.20 to $481.19. 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.
(7)	This transaction was executed in multiple trades at prices ranging from $481.20 to $482.19. 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.
(8)	This transaction was executed in multiple trades at prices ranging from $482.20 to $483.18. 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.
(9)	This transaction was executed in multiple trades at prices ranging from $483.20 to $484.19. 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.
(10)	This transaction was executed in multiple trades at prices ranging from $484.20 to $485.19. 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.
(11)	This transaction was executed in multiple trades at prices ranging from $485.20 to $486.19. 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.
(12)	This transaction was executed in multiple trades at prices ranging from $486.21 to $487.20. 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.
(13)	This transaction was executed in multiple trades at prices ranging from $487.23 to $488.22. 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.
(14)	This transaction was executed in multiple trades at prices ranging from $488.28 to $489.27. 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.
(15)	This transaction was executed in multiple trades at prices ranging from $489.29 to $490.04. 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.
(16)	This transaction was executed in multiple trades at prices ranging from $490.31 to $490.46. 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.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HASTINGS REED 100 WINCHESTER CIRCLE LOS GATOS, CA 95032	X		Co-CEO

Signatures
By: Veronique Bourdeau, Authorized Signatory For: Reed Hastings		11/24/2020
^**Signature of Reporting Person		Date

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