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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
(Mark One)
ÍANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2003
OR
‘TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from ____________ to ____________
Commission File Number: 000-49802
Netflix, Inc.
(Exact name of Registrant as specified in its charter)
Delaware 77-0467272
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number)
970 University Avenue
Los Gatos, California 95032
(Address and zip code of principal executive offices)
(408) 317-3700
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
None
Securities registered pursuant to Section 12(g) of the Act:
Common stock, $0.001 par value
(Title of Class)
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ÍNo ‘
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein,
and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by
reference in Part III of this Form 10-K or any amendment to this Form 10-K. ‘
Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Act). Yes ÍNo ‘
As of June 30, 2003, the aggregate market value of voting stock held by non-affiliates of the registrant, based upon the
closing sales price for the registrant’s common stock, as reported in the NASDAQ National Market System, was
$255,835,855. Shares of common stock held by each officer and director and by each person who owns five percent or more
of the outstanding common stock have been excluded in that such persons may be deemed to be affiliates. This determination
of affiliate status is not necessarily a conclusive determination for any other purposes.
As of February 12, 2004, there were 51,311,000 shares of the registrant’s common stock, par value $0.001, outstanding
(which gives effect to the two-for-one stock split on February 11, 2004).
The following document (or parts thereof) is incorporated by reference into the following parts of this Form 10-K:
Proxy Statement for the Annual Meeting of Shareholders—Part III Items 10, 11, 12, 13 and 14.