Netflix Inc. Chairman Sells 10,000 Shares of NFLX

In a Form 4 filed earlier today, Netflix Inc. NFLX Chairman of the Board, Reed Hastings, reported that he exercised and sold 10,000 shares of BSX on September 30th for an average price of $171.65. The exercise price was $1.50 The transaction totaled $1,716,500, netting Hastings $1,709,750. This sale was 10b5-1 Plan indicated. Mr. Hastings owns 1,291,799 indirect shares of NFLX. Source: The Washington Service