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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- -------- Estimated average burden
hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF 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(f)
of the Investment Company Act of 1940
<TABLE>
<S> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Statement Trading Symbol of Original
(Month/Day/Year) (Month/Day/Year)
McGill Dennis
- ---------------------------------------- 6/10/98 Hastings Entertainment, Inc. (HAST)
(Last) (First) (Middle) -------------------------- -------------------------------------- ---------------------
3. IRS or Social Security 5. Relationship of Reporting 7. Individual or
3601 Plains Blvd, Suite #1 Number of Reporting Person to Issuer Joint/Group Filing
- ---------------------------------------- Person (Voluntary) (Check all applicable) (check Applicable
(Street) Line 1)
Director 10% Owner
Amarillo Texas 79102 ----- ----- [X] Form filed by
- ---------------------------------------- -------------------------- X Officer Other One Reporting
(City) (State) (Zip) ----- (Give title ----- (specify Person
below) below)
[ ] Form filed by
Vice President of Finance, Chief More than One
Financial Officer, Treasurer, and Reporting
Secretary Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Direct (D) or (Instr. 5)
(Instr. 4) Indirect (I)
(Instr. 5)
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Common Stock 9,450 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses) (Over)
SEC 1473 (8-92)
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<TABLE>
<CAPTION>
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE
SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of 4. Conversion 5. Ownership Form 6. Nature of Indirect
Security (Instr. 4) cisable and Securities Underlying or Exercise of Derivative Beneficial Ownership
Expiration Derivative Security Price of Security: (Instr. 5)
Date (Month/ (Instr. 4) Derivative Direct (D) or
Day/Year) Security: Indirect (I)
(Instr. 5)
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Date Expira- Amount or
Exercis- tion Title Number
able Date of Shares
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Employee Stock Options
(Right to Buy) 1/01/00 1/31/10 Common Stock 4000 71 D
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Employee Stock Options
(Right to Buy) (1) 11/8/05 Common Stock 4500 62 D
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Employee Stock Options
(Right to Buy) (2) 5/18/06 Common Stock 2500 71 D
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Employee Stock Options
(Right to Buy) (3) 5/21/07 Common Stock 2000 69 D
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Employee Stock Options
(Right to Buy) (4) 8/28/07 Common Stock 4000 69 D
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Explanation of Responses:
(1) Options Exercisable 1/5 on 11/8/98, 11/8/99, 11/8/00, 11/8/01 and 11/8/02.
(2) Options Exercisable 1/5 on 5/18/97, 5/18/98, 5/18/99, 5/18/00 and 5/18/01.
(3) Options Exercisable 1/5 on 5/21/98, 5/21/99, 5/21/00, 5/21/01 and 5/21/02.
(4) Options Exercisable 1/5 on 8/28/98, 8/28/99, 8/28/00, 8/28/01 and 8/28/02.
/s/ Dennis McGill 6/8/98
** Intentional misstatements or omissions of facts constitute Federal Criminal -------------------------------- ------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Attorney-in-fact
Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient,
See Instruction 6 for procedure.
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SEC 1473 (9-92)
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POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes
and appoints each of Jeffrey G. Shrader and Dennis McGill, signing singly, the
undersigned's true and lawful attorney-in-fact to:
(1) Execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer and/or director of
Hastings Entertainment, Inc. (the "Company"), Forms 3, 4 and 5
(and any successor or superseding forms) in accordance with
Section 16(a) of the Securities Exchange Act of 1934 and the
rules thereunder;
(2) Do and perform any and all acts for and on behalf of the
undersigned that may be necessary or desirable to complete and
to execute any such Form 3, 4 or 5 (and any successor or
superseding forms) and timely file such form with the United
States Securities and Exchange Commission and any stock
exchange or similar authority; and
(3) Take any other action of any type whatsoever in connection
with the foregoing which, in the opinion of such
attorney-in-fact, may be of benefit to, in the best interest
of, or legally required by, the undersigned, it being
understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this
Power of Attorney shall be in such form and shall contain such
terms and conditions as such attorney-in-fact may approve in
such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934 and the rules thereunder.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 or successor or
superseding forms with respect to the undersigned's holdings of and
transactions in securities issued by the Company, unless earlier revoked by the
undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
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IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 15 day of May, 1998.
/s/ DENNIS McGILL
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Signature
Dennis McGill
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Printed Name
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