0001054579-14-000006.txt : 20140718
0001054579-14-000006.hdr.sgml : 20140718
20140718104635
ACCESSION NUMBER: 0001054579-14-000006
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140715
FILED AS OF DATE: 20140718
DATE AS OF CHANGE: 20140718
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HASTINGS ENTERTAINMENT INC
CENTRAL INDEX KEY: 0001054579
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL- COMPUTER & PRERECORDED TAPE STORES [5735]
IRS NUMBER: 751386375
STATE OF INCORPORATION: TX
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 3601 PLANS BLVD
STREET 2: SUITE 1
CITY: AMARILLO
STATE: TX
ZIP: 79102
BUSINESS PHONE: 8063512300
MAIL ADDRESS:
STREET 1: P O BOX 35350
CITY: AMARILLO
STATE: TX
ZIP: 79120-5350
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MARRS FRANK O
CENTRAL INDEX KEY: 0001226099
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24381
FILM NUMBER: 14981978
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2014-07-15
1
0001054579
HASTINGS ENTERTAINMENT INC
HAST
0001226099
MARRS FRANK O
3601 PLAINS BLVD
AMARILLO
TX
79102
1
0
0
0
Common Stock
2014-07-15
4
D
0
61293
183879.00
D
0
D
Common Stock (Right to Buy)
3.845
2013-06-19
4
D
0
2530
A
Common Stock
2530
0
D
Common Stock (Right to Buy)
2.06
2012-06-19
4
D
0
506
.94
A
Common Stock
506
0
D
Common Stock (Right to Buy)
2.06
2012-06-19
4
D
0
2024
A
Common Stock
2024
0
D
Common Stock (Right to Buy)
4.06
2011-06-19
4
D
0
2530
A
Common Stock
2530
0
D
Common Stock (Right to Buy)
7.66
2010-06-19
4
D
0
2530
A
Common Stock
2530
0
D
Common Stock (Right to Buy)
4.445
2009-06-19
4
D
0
2530
A
Common Stock
2530
0
D
Common Stock (Right to Buy)
8.695
2008-06-19
4
D
0
2530
A
Common Stock
2530
0
D
Common Stock (Right to Buy)
7.24
2007-06-19
4
D
0
2530
A
Common Stock
2530
0
D
Common Stock (Right to Buy)
7.405
2006-06-07
4
D
0
2530
A
Common Stock
2530
0
D
Common Stock (Right to Buy)
5.37
2006-01-27
4
D
0
5000
A
Common Stock
5000
0
D
Common Stock (Right to Buy)
6.00
2005-06-08
4
D
0
2530
A
Common Stock
2530
0
D
Common Stock (Right to Buy)
8.17
2004-06-19
4
D
0
2530
A
Common Stock
2530
0
D
Disposed of pursuant to Agreement and Plan of Merger, dated as of March 17, 2014, by and among Hastings Entertainment, Inc. ("Hastings"), Draw Another Circle, LLC and Hendrix Acquisition Corp. (the "Merger Agreement"), whereby each such share of Hastings Common Stock was converted into the right to receive $3.00, in cash and without interest.
Pursuant to the Merger Agreement, all options to purchase Hastings Common Stock that were issued by Hastings were cancelled and terminated immediately upon the effective time of the Merger contemplated therein and, to the extent any such option was vested as of such effective time and had an exercise price of less than $3.00 per share, the holder of such option is entitled to receive an amount equal to the difference between $3.00 and the exercise price of such option multiplied by the number of Hastings Common Stock subject to such option, which amount shall be payable in cash and without interest. Notwithstanding the foregoing, all such options held by John Marmaduke, Dan Crow or Alan Van Ongevalle shall be cancelled and terminated without consideration, regardless of exercise price or vesting.
Options vest 20% on each anniversary of the grant date.
Options expire on the 10 year anniversary of the grant date.
Frank Marrs
2014-07-18