X0202 4 2005-02-02 0 0000905895 HOLLYWOOD ENTERTAINMENT CORP HLYW 0000938576 WATTLES MARK J 7945 W. SAHARA #205 LAS VEGAS NV 89117 1 1 1 0 Chairman, CEO Common Stock 2005-02-03 4 M 0 3000000 1.09 A 6137600 D Employee Stock Option 1.09 2005-02-03 4 M 0 3000000 0 D 2010-03-30 Common Stock 3000000 0 D Employee Stock Option 12.00 2005-02-02 4 J 0 500000 0 D 2005-03-14 2011-02-07 Common Stock 500000 0 D The option to purchase 3,000,000 shares vested 1/3 on 2/25/02 and 1/6 every six months thereafter. Options to purchase 500,000 shares did not vest as a result of Mr. Wattles' resignation as Chairman and Chief Executive Officer of Hollywood Entertainment Corporation effective February 2, 2005. MARK J. WATTLES 2005-02-04