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*
Elmore, William B.
(Last) (First) (Middle)
70 Willow Road, Suite 200
(Street)
Menlo Park, CA 94025
(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol Netflix, Inc.
nflx 3. I.R.S. Identification
Number of Reporting Person, if an entity (voluntary) |
4. Statement for (Month/Day/Year 04/22/2003
5. If Amendment, Date of Original (Month/Day/Year) |
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable) Director
X 10% Owner
Officer (give title below)
Other (specify below)
Description
7. Individual or Joint/Group
Filing (Check Applicable Line) X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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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. Owner-
ship Form: Direct (D) or Indirect (I) (Instr. 4) |
7. Nature of
Indirect Beneficial Ownership (Instr. 4) |
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Code
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V
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Amount
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A/D
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Price
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Common Stock
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|
|
|
|
|
|
$
|
109,692 (1)
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I
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By Foundation Capital II Entrepreneur Fund, LLC
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|||||
Common Stock
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|
|
|
|
|
|
$
|
54,844 (1)
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I
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By Foundation Capital II Principals Fund, LLC
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|||||
Common Stock
|
|
|
|
|
|
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$
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700 (3)
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I
|
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|||||
Common Stock
|
|
|
|
|
|
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$
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194,800 (2)
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I
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By Foundation Capital Leadership Fund, L.P.
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|||||
Common Stock
|
|
|
|
|
|
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$
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5,200 (2)
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I
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By Foundation Capital Leadership Principals Fund, LLC
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|||||
Common Stock
|
|
|
|
|
|
|
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932,397 (1)
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I
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By Foundation Capital II, L.P.
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|||||
Common Stock
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04/22/2003
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J*
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1,908
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A
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$
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5,962 (4)
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I
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security
(Instr. 3) |
2. Conver-
sion or Exercise Price of Deri- vative 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(DE) and
Expiration Date(ED) (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. Owner- ship Form of Deriv- ative Securities: Direct (D) or Indirect (I) (Instr.4) |
11. Nature of Indirect Beneficial Ownership (Instr.4) |
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Code
|
V
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A
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D
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DE
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ED
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Title
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Amount or Number of Shares
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Explanation of Responses:
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*In-kind distribution from IVP. On 4/22/03, IVP distributed 665,199 shares of stock to its partners, through which Mr. Elmore received 1,908 shares indirectly as General Partner of the Elmore Family Investments, L.P.
(1) William B. Elmore is a Manager of Foundation Capital Management Co. II, LLC, which is the sole manager of Foundation Capital II, L.P., Foundation Capital II Entrepreneurs Fund, LLC and Foundation Capital II Principals Fund, LLC. William B. Elmore disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. (2) William B. Elmore is a Manager of FC Leadership Management Co., LLC, which is the sole manager of Foundation Capital Leadership Fund, L.P. and Foundation Capital Leadership Principals Fund, LLC. William B. Elmore disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. (3) Shares held by William B. Elmore as Trustee of the Elmore Family Trust dated 7/27/90. (4) Shares held by Elmore Family Investments, L.P. William B. Elmore is a General Partner of Elmore Family Investments, L.P. William B. Elmore disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
By: | Date: |
/s/ Theodore R. Meyer | 04/22/2003 |
Attorney in-fact for William B. Elmore | |
** Signature of Reporting Person | SEC 1474 (9-02) |
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. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |