secwatch.observer — SEC 8-K summary
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Issuer:     NETFLIX INC (NFLX)
CIK:        0001065280
Form:       8-K
Filed at:   2021-12-21T23:59:59+00:00
Accession:  0001065280-21-000445
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Netflix discloses 2022 salaries & stock option allocations for named executives
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- Reed Hastings: salary $650K, stock option allocation $34M (co-CEO/Chairman).
- Ted Sarandos: salary $20M, stock option allocation $20M (co-CEO/Chief Content Officer).
- Spencer Neumann: salary $7M, stock option allocation $7M (CFO).
- Greg Peters: salary $16M, stock option allocation $8M (COO/Chief Product Officer).
- Options fully vested upon grant, exercisable up to 10 years; monthly grants at 40% of FMV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065280/000106528021000445/0001065280-21-000445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065280/000106528021000445/nflx-20211219.htm
  HTML page:      https://secwatch.observer/filing/0001065280-21-000445

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer