FORM 5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Form 3 Holdings Reported Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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 * KIMBALL RICK 2. Issuer Name and Ticker or Trading Symbol NETFLIX INC [NFLX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) __X__ Other (specify below) May be part of a 13(d) group (Last) (First) (Middle) C/O TECHNOLOGY CROSSOVER VENTURES, 528 RAMONA STREET 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 12/31/2009 (Street) PALO ALTO, CA 94301 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Reporting (check applicable line) ___ Form Filed by One Reporting Person _X_ Form Filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

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 at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Amount (A) or (D) Price Common Stock 12/22/2009   G 4,770 D $ 0 5,230 I The Kimball Family Trust Uta Dtd 2/23/94 (1) Common Stock 12/15/2009   G 90 D $ 0 18,067 I The Griffith Family 2004 Trust (2) Common Stock 11/18/2009   G 10,000 D $ 0 0 I The Reynolds Family Trust (3) Common Stock             5,323,672 I TCV IV, L.P. (4) Common Stock             198,515 I TCV IV Strategic Partners, L.P. (5) Common Stock             1,926,334 I TCV VI, L.P. (6) Common Stock             15,191 I TCV Member Fund, L.P. (7)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative 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 and Expiration Date (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 at End of Issuer's Fiscal Year (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
KIMBALL RICK C/O TECHNOLOGY CROSSOVER VENTURES 528 RAMONA STREET PALO ALTO, CA 94301	Â	  X	Â	May be part of a 13(d) group
GRIFFITH WILLIAM C/O TECHNOLOGY CROSSOVER VENTURES 528 RAMONA STREET PALO ALTO, CA 94301	Â	  X	Â	May be part of a 13(d) group
REYNOLDS JON Q JR C/O TECHNOLOGY CROSSOVER VENTURES 528 RAMONA STREET PALO ALTO, CA 94301	Â	  X	Â	May be part of a 13(d) group

Signatures

Frederic D. Fenton, Authorized Signatory for Richard H. Kimball		02/08/2010
**Signature of Reporting Person		Date
Frederic D. Fenton, Authorized Signatory for William J.G. Griffith IV		02/08/2010
**Signature of Reporting Person		Date
Frederic D. Fenton, Authorized Signatory for Jon Q. Reynolds, Jr.		02/08/2010
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Richard H. Kimball ("Kimball") is a trustee of The Kimball Family Trust Uta Dtd 2/23/94. Kimball disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
(2)	William J.G. Griffith IV ("Griffith") is a trustee of The Griffith Family 2004 Trust. Griffith disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
(3)	Jon Q. Reynolds, Jr. ("Reynolds") is a trustee of The Reynolds Family Trust. Reynolds diclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
(4)	These share are held directly by TCV IV, L.P. Kimball is a managing member of Technology Crossover Management IV, L.L.C. ("TCM IV") which is the sole general partner of TCV IV, L.P. Kimball may be deemed to beneficially own the shares held by TCV IV, L.P. but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
(5)	These shares are held directly by TCV IV Strategic Partners, L.P. ("TCV IV S.P."). Kimball is a limited partner and managing member of TCM IV which is the sole general partner of TCV IV S.P. Kimball may be deemed to beneficially own the shares held by TCV IV S.P. but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
(6)	These shares are held directly by TCV VI, L.P. Each of Kimball, Reynolds and Griffith (collectively, the "TCM Members") are Class A Members of Technology Crossover Management VI, L.L.C. ("TCM VI") which is the sole general partner of TCV VI, L.P. The TCM Members may be deemed to beneficially own the shares held by TCV VI, L.P. but the TCM Members disclaim beneficial ownership of such shares except to the extent of their pecuniary interest therein.
(7)	These shares are held directly by TCV Member Fund, L.P. ("TCV MF"). Each of the TCM Members are Class A Members of TCM VI, which is a general partner of TCV MF, and limited partners of TCV MF. The TCM Members may be deemed to beneficially own the shares held by TCV MF but the TCM Members disclaim beneficial ownership except to the extent of their pecuniary interest therein.

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