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8-K filed February 24, 2023, 6:59 PM ET ticker NFLX CIK 0001065280
other material confidence high sentiment neutral materiality 0.15

Netflix amends bylaws to enhance stockholder nomination procedures and comply with Rule 14a-19

NETFLIX INC

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

NETFLIX INC: Amended and restated bylaws to enhance procedural mechanisms for stockholder nominations, require compliance with Rule 14a-19, update information requirements, mandate use of non-white proxy cards, and modify provisions related to stockholder lists and meeting adjournment notices to reflect Delaware (effective 2023-02-22).

Change
bylaw amendment
Effective
2023-02-22
Exact text from the filing
On and effective as of February 22, 2023, the Board of Directors of Netflix, Inc. (the “Company”) approved the amended and restated bylaws (the “Bylaws”) to, among other things: • enhance procedural mechanisms in connection with stockholder nominations of directors to require a stockholder delivering a nomination notice pursuant to the advance notice provisions of the Bylaws to fully comply with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, and other applicable law and provide reasonable evidence to the Company that such stockholder has met the requirements of Rule 14a-19; • require information included in a stockholder’s notice of nominations or proposals regarding other business be updated to be true and correct as of the stockholder meeting record date and as of ten calendar days prior to the stockholder meeting date; • require a stockholder directly or indirectly soliciting proxies from other stockholders to use a proxy card color other than white; and • modify
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Source: SEC EDGAR
accession 0001065280-23-000062
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