0001140223-05-000005.txt : 20120618
0001140223-05-000005.hdr.sgml : 20120618
20050317164849
ACCESSION NUMBER: 0001140223-05-000005
CONFORMED SUBMISSION TYPE: SC 13D
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050317
DATE AS OF CHANGE: 20050317
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: DEEPHAVEN CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001140223
IRS NUMBER: 411908497
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: SC 13D
BUSINESS ADDRESS:
STREET 1: 130 CHESHIRE LANE SUITE 102
CITY: MINNETONKA
STATE: MN
ZIP: 55305
BUSINESS PHONE: 9522495500
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: HOLLYWOOD ENTERTAINMENT CORP
CENTRAL INDEX KEY: 0000905895
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-VIDEO TAPE RENTAL [7841]
IRS NUMBER: 930981138
STATE OF INCORPORATION: OR
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-43241
FILM NUMBER: 05689408
BUSINESS ADDRESS:
STREET 1: 9275 SW PEYTON LANE
CITY: WILSONVILLE
STATE: OR
ZIP: 97070
BUSINESS PHONE: 5035701600
MAIL ADDRESS:
STREET 1: 9275 SW PEYTON LANE
CITY: WILSONVILLE
STATE: OR
ZIP: 97070
SC 13D
1
form13dhollywood.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Hollywood Entertainment Corp.
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(Name of Issuer)
Common
--------------------------------------------------------------------------------
(Title of Class of Securities)
436141105
--------------------------------------------------------------------------------
(CUSIP Number)
JIM KORN, ESQ.
DEEPHAVEN CAPITAL MANAGEMENT LLC
130 CHESHIRE LANE, SUITE 102
MINNETONKA, MN 55305
952-249-5538
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 4, 2005
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
If the person has previously filed a statement on Schedule 13G to report the
acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-2(g), check
the following box. [x]
CUSIP No. 436141105
================================================================================
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Deephaven Capital Management LLC
41-1908497
================================================================================
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) N/A
(b) N/A
================================================================================
3. SEC Use Only
================================================================================
4. Source of Funds
WC
================================================================================
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
================================================================================
6. Citizenship or Place of Organization
Delaware
================================================================================
7. Sole Voting Power
3,568,140
Number of ==================================================================
Shares 8. Shared Voting Power
Beneficially 0
Owned by ==================================================================
Each 9. Sole Dispositive Power
Reporting 3,568,140
Person With ==================================================================
10. Shared Dispositive Power
0
================================================================================
11. Aggregate Amount Beneficially Owned by Each Reporting Person
3,568,140
================================================================================
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
N/A
================================================================================
13. Percent of Class Represented by Amount in Row (11)
5.86%
================================================================================
14. Type of Reporting Person
00
================================================================================
Item 1. Security and Issuer
Common Stock
Hollywood Entertainment Corp.
9275 SW PEYTON LANE WILSONVILLE OR 97070
Item 2.
(a) This statement is filed on behalf of Deephaven Capital Management LLC, a
Delaware limited liability company.
(b) The principal business address of Deephaven Capital Management LLC is 130
Cheshire Lane, Suite 102, Minnetonka, MN 55305
(c) The principal business of Deephaven Capital Management LLC is an
unregistered investment advisor.
(d) During the last 5 years, Deephaven Capital Management LLC has not been
convicted in a criminal proceeding.
(e) During the last 5 years, Deephaven Capital Management LLC, has not been a
party to a civil proceeding of a judicial or administrative body of
competent jurisdiction.
(f) Deephaven Capital Management LLC is a Delaware limited liability company.
Item 3.
The source of funding for the purchase of these Shares was general working
capital.
Item 4. Purpose of Transaction.
Deephaven Capital Management LLC acquired the Shares believing them to be
undervalued.
Deephaven Capital Management LLC reserves the right to acquire additional Shares
at any time and from time to time in the open market or otherwise. In addition,
Registrant may dispose of all or any portion of the Shares at any time or from
time to time in the open market or otherwise. Registrant may seek to participate
in, and influence the outcome of, any proxy solicitation and the bidding process
involving the Issuer, as a bidder or otherwise.
Item 5. Interest in Securities of Issuer
(a) Deephaven Capital Management LLC is the beneficialy owner of 3,568,140
shares of Hollywood Entertainment Corp. common stock, which constitutes
5.86% of total shares outstanding.
(b) Deephaven Capital Management LLC has sole power to vote or to direct the
vote, as well as the sole power to dispose or to direct the disposition of
the 3,568,140 shares.
(c) Deephaven Capital Management LLC effected the following transactions in the
open market in the last 60 days:
Trade Date Transaction Type Quantity Price
1/14/2005 Buy 70,631 $ 14.12
1/14/2005 Buy 7,063 $ 14.12
1/14/2005 Buy 98,884 $ 14.12
1/18/2005 Buy 24,836 $ 14.29
1/18/2005 Buy 2,484 $ 14.29
1/18/2005 Buy 34,771 $ 14.29
1/19/2005 Buy 100,000 $ 14.23
1/19/2005 Buy 132,000 $ 14.25
1/19/2005 Buy 10,000 $ 14.23
1/19/2005 Buy 13,200 $ 14.25
1/19/2005 Buy 140,000 $ 14.23
1/19/2005 Buy 184,800 $ 14.25
1/20/2005 Buy 24,000 $ 14.20
1/20/2005 Buy 40,000 $ 14.24
1/20/2005 Buy 2,400 $ 14.20
1/20/2005 Buy 4,000 $ 14.24
1/20/2005 Buy 33,600 $ 14.20
1/20/2005 Buy 56,000 $ 14.24
1/21/2005 Buy 3,967 $ 14.26
1/21/2005 Buy 426 $ 14.26
1/21/2005 Buy 5,607 $ 14.26
1/24/2005 Buy 4,000 $ 14.22
1/24/2005 Buy 400 $ 14.22
1/24/2005 Buy 5,600 $ 14.22
2/2/2005 Buy 205,000 $ 14.50
2/2/2005 Buy 30,750 $ 14.50
2/2/2005 Buy 3,000 $ 14.50
2/2/2005 Buy 20,000 $ 14.50
2/2/2005 Buy 275,000 $ 14.50
2/2/2005 Buy 41,250 $ 14.50
2/3/2005 Buy 8,302 $ 14.43
2/3/2005 Buy 810 $ 14.43
2/3/2005 Buy 11,137 $ 14.43
2/16/2005 Sell (25,697) $ 14.09
2/16/2005 Sell (2,694) $ 14.09
2/16/2005 Sell (35,849) $ 14.09
2/17/2005 Sell (40,000) $ 14.00
2/17/2005 Sell (100,000) $ 13.90
2/17/2005 Sell (13,240) $ 13.97
2/17/2005 Sell (4,000) $ 14.00
2/17/2005 Sell (10,000) $ 13.90
2/17/2005 Sell (1,655) $ 13.97
2/17/2005 Sell (56,000) $ 14.00
2/17/2005 Sell (140,000) $ 13.90
2/17/2005 Sell (18,205) $ 13.97
2/18/2005 Buy 20,500 $ 13.85
2/18/2005 Buy 43,050 $ 13.85
2/18/2005 Buy 2,000 $ 13.85
2/18/2005 Buy 4,200 $ 13.85
2/18/2005 Buy 27,500 $ 13.85
2/18/2005 Buy 57,750 $ 13.85
2/23/2005 Buy 10,019 $ 13.85
2/23/2005 Buy 1,050 $ 13.85
2/23/2005 Buy 13,931 $ 13.85
3/4/2005 Buy 410,000 $ 13.85
3/4/2005 Buy 290,870 $ 13.85
3/4/2005 Buy 40,000 $ 13.85
3/4/2005 Buy 28,378 $ 13.85
3/4/2005 Buy 550,000 $ 13.85
3/4/2005 Buy 390,190 $ 13.85
3/7/2005 Buy 125,010 $ 13.92
3/7/2005 Buy 12,691 $ 13.92
3/7/2005 Buy 171,050 $ 13.92
3/8/2005 Buy 47,062 $ 14.01
3/8/2005 Buy 4,591 $ 14.01
3/8/2005 Buy 63,133 $ 14.01
3/9/2005 Sell (21,607) $ 14.23
3/9/2005 Sell (2,108) $ 14.23
3/9/2005 Sell (28,985) $ 14.23
3/10/2005 Sell (41,000) $ 14.33
3/10/2005 Sell (16,199) $ 14.25
3/10/2005 Sell (4,000) $ 14.33
3/10/2005 Sell (1,644) $ 14.25
3/10/2005 Sell (55,000) $ 14.33
3/10/2005 Sell (22,157) $ 14.25
3/11/2005 Sell (174,250) $ 14.23
3/11/2005 Sell (23,775) $ 14.24
3/11/2005 Sell (607) $ 14.27
3/11/2005 Sell (17,000) $ 14.23
3/11/2005 Sell (2,414) $ 14.24
3/11/2005 Sell (62) $ 14.27
3/11/2005 Sell (233,750) $ 14.23
3/11/2005 Sell (831) $ 14.27
3/11/2005 Sell (32,537) $ 14.24
3/16/2005 Buy 1,505 $ 13.95
3/16/2005 Sell (1,505) $ 14.09
3/16/2005 Buy 1,995 $ 13.95
3/16/2005 Sell (1,995) $ 14.09
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
N/A
Item 7. Material to be Filed as Exhibits
N/A
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date
March 17, 2004
Signature
/s/ Jim Korn, Chief Legal Officer