SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* PARRISH H HARRISON (Last) (First) (Middle) 109 ROYAL HIGHLANDS LANE (Street) DOTHAN AL 36305 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol MOVIE GALLERY INC [ MOVI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) SR V P
	3. Date of Earliest Transaction (Month/Day/Year) 03/01/2004
	4. If Amendment, Date of Original Filed (Month/Day/Year) 03/03/2004	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2004(4)		S		1,900	D	$20	1,970,733	D
Common Stock	03/03/2004(4)		S		10,000	D	$20	1,960,733	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Variable Contract(1)(2)(3)	(1)(2)(3)	03/01/2004		J(1)(2)(3)			256,596(1)(2)(3)(5)	(1)(2)(3)	(1)(2)(3)	Commmon Stock	(1)(2)(3)	(1)(2)(3)	0(1)(2)(3)	D

Explanation of Responses:

1. On 12/6/2001, the reporting person entered into a variable stock purchase agreement (the "Agreement") with UBS Warburg LLC with respect to a maximum of 800,000 shares of common stock. The Agreement contemplates multiple specific transactions concerning tranches of shares of common stock. On 1/14/2002, the reporting person entered into a specific transaction under the Agreement relating to a tranch of 300,000 shares of common stock (the "Base Amount") pursuant to which the reporting person became obligated to deliver on the third business day immediately following the Maturity Date (as defined below) a number of shares of common stock (or, at the option of the reporting person, the cash equivalent of such shares) based on the following:

2. (a) if the closing price (the "Final Price) of the common stock on March 1,2004 (the "Maturity Date") is less than $16.7386 per share (the "Floor Price"), the reporting person will deliver 300,000 shares; (b) if the Final Price is less than or equal to $20.0863 per share (the "Cap Price") but greater than or equal to the Floor Price, the reporting person will deliver a number of shares equal to the Floor Price/Final Price x 300,000; (c) if the Final Price is greater than the Cap Price, the reporting person will deliver a number of shares equal to ((Floor Price + (Final Price - Cap Price))/Final Price x 300,000. In consideration for the foregoing, the reporting person received $4,469,206. The reporting Person pledged the amount of shares of common stock equal to the Base Amount to secure his obligations under the Agreement.

3. The closing price of the common stock on the Maturity Date was $19.57. Accordingly, the reporting person will deliver, pursuant to the terms of the specific transaction under the Agreement, 256,596 shares of common stock on March 4, 2004. The reporting person will not be obligated to deliver the remaining shares that were part of the Base Amount and subject to the specific transaction under the Agreement, and therefore retained those shares.

4. This amendment to Form 4 corrects the date of this transaction.

5. This amendment to Form 4 corrects the number of shares disposed of in this transaction.

	S. Page Todd Attorney-In-Fact	03/04/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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