Carl Icahn Exercises Options on Netflix (NFLX) Stake

November 19, 2012 5:29 PM EST
In an amended 13D filing on Netflix (Nasdaq: NFLX), Carl Icahn disclosed exercising options thereby maintaining his stake near 10% (5,541,066 shares or 9.98%).

From the filing:
On November 19, 2012, the Reporting Persons exercised call options for an aggregate of 4,291,066 Shares at an exercise price of $36.05 per Share, which represents all call options held by the Reporting Persons as of the date of this filing, including the call options to which this footnote is referenced.

Icahn has been pushing for a sale of the company.

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