GIESBRECHT F BRUCE 4
4 · HOLLYWOOD ENTERTAINMENT CORP · Filed Apr 28, 2005
Insider Transaction Report
Form 4
GIESBRECHT F BRUCE
DirectorPresident and
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-04-27$0.25/sh−366,667$91,667→ 0 totalExercise: $13.00Exp: 2012-02-27→ Common Stock (366,667 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-04-27$1.25/sh−100,000$125,000→ 0 totalExercise: $12.00Exp: 2011-03-31→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]This option, which provided for full vesting on March 31, 2005, was canceled pursuant to the merger agreement between issuer and Movie Gallery, Inc. in exchange for the right to receive the difference between the tender price of $13.25 per share and the exercise price of each option on the effective date of the merger.
- [F2]This option, which provided for vesting in installments as follows: 33,334 shares on February 27, 2004 33,333 shares on February 27, 2005 100,000 shares on February 27, 2006, 2007 and 2008, was canceled pursuant to the merger agreement between issuer and Movie Gallery, Inc. in exchange for the right to receive the difference between the tender price of $13.25 per share and the exercise price of each option on the effective date of the merger.