1
EXHIBIT 10.22
April 8, 1998
Dear Hastings Associate:
As you know, Hastings Entertainment, Inc. (the "Company") has recently filed a
registration statement with the Securities and Exchange Commission relating to
a proposed initial public offering of the Company's Common Stock. In connection
with this public offering, the Company has set aside a certain number of shares
to be issued at the initial public offering price for our associates, our
associates' families, current shareholders, and friends of the Company in what
is commonly referred to as a "Direct Share Program". If you are interested in
receiving more information about the proposed public offering or the Direct
Share Program, please submit by mail, fax, or E-mail the information requested
on the attached sheet by April 22, 1998. Return addresses are as follows:
Mail: Hastings Entertainment, Inc. Fax #: (806) 351-2424
Investor Relations
PO Box 35350 E-mail address: irelations@hastings-ent.com
Amarillo, TX 79120-5350
Hastings E-mail: Investor Relations mailbox
As soon as the preliminary prospectus is available, any associate who returned
the requested information will be sent a packet of information which will
include a copy of the preliminary prospectus. The preliminary prospectus will
include information about the public offering including information regarding
charges and expenses. It is expected that the preliminary prospectus will be
available in early May 1998. PLEASE READ THE PRELIMINARY PROSPECTUS CAREFULLY
PRIOR TO MAKING YOUR INVESTMENT DECISION.
Thank you for your continuing efforts at Hastings.
Sincerely,
/s/ Dennis McGill
Dennis McGill
Vice President-Finance and Chief Financial Officer
A registration statement relating to these securities has been filed with the
United States Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy be accepted
prior to the time the registration statement becomes effective. This
communication shall not constitute an offer to sell or a solicitation of an
offer to buy nor shall there be any sale of these securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such
jurisdiction. No offer to buy these securities can be accepted and no part of
the purchase price can be received until the registration statement has become
effective, and any such offer may be withdrawn or revoked, without obligation
or commitment of any kind, at any time prior to notice of its acceptance given
after the effective date. An indication of interest in response to this
communication will involve no obligation or commitment of any kind.
2
HASTINGS ENTERTAINMENT, INC. DIRECT
SHARE PROGRAM
INITIAL INFORMATION SHEET
Date
-------------------------------
Associate Name
---------------------------------------------
Associate Number
---------------------------
Store Location and Number
-----------------------------------
Home Address
--------------------------------------------------------------------
- --------------------------------------------------------------------------------
Daytime Telephone Number ( ) -
---- --------------------
Nighttime Telephone Number ( ) -
---- --------------------
Fax Telephone Number ( ) -
---- --------------------
E-mail address
--------------------------------------------
Mail: Hastings Entertainment, Inc. Fax #: (806) 351-2424
Investor Relations
PO Box 35350 E-mail address: irelations@hastings-ent.com
Amarillo, TX 79120-5350
Hastings E-mail: Investor Relations mailbox
Please return by April 22, 1998
3
April 8, 1998
Mr. John Shareholder
XXX First Place
Amarillo, TX 79120
Dear Mr. Shareholder:
As you know, Hastings Entertainment, Inc. (the "Company") has recently filed a
registration statement with the Securities and Exchange Commission relating to
a proposed initial public offering of the Company's Common Stock. In connection
with this public offering, the Company has set aside a certain number of shares
to be issued at the initial public offering price for current shareholders, our
associates, our associates' families, and friends of the Company in what is
commonly referred to as a "Direct Share Program". If you are interested in
receiving more information about the proposed public offering or the Direct
Share Program, please submit by mail, fax, or E-mail the information requested
on the attached sheet by April 22, 1998. Return addresses are as follows:
Mail: Hastings Entertainment, Inc. Fax #: (806) 351-2424
Investor Relations
PO Box 35350 E-mail address: irelations@hastings-ent.com
Amarillo, TX 79120-5350
Hastings E-mail: Investor Relations mailbox
As soon as the preliminary prospectus is available, any shareholder who
returned the requested information will be sent a packet of information which
will include a copy of the preliminary prospectus. The preliminary prospectus
will include information about the public offering including information
regarding charges and expenses. It is expected that the preliminary prospectus
will be available in early May 1998. PLEASE READ THE PRELIMINARY PROSPECTUS
CAREFULLY PRIOR TO MAKING YOUR INVESTMENT DECISION.
If you have any questions, please call me at (806) 351-2300 ext. 6000.
Sincerely,
/s/ Dennis McGill
Dennis McGill
Vice President-Finance and Chief Financial Officer
A registration statement relating to these securities has been filed with the
United States Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy be accepted
prior to the time the registration statement becomes effective. This
communication shall not constitute an offer to sell or a solicitation of an
offer to buy nor shall there be any sale of these securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such
jurisdiction. No offer to buy these securities can be accepted and no part of
the purchase price can be received until the registration statement has become
effective, and any such offer may be withdrawn or revoked, without obligation
or commitment of any kind, at any time prior to notice of its acceptance given
after the effective date. An indication of interest in response to this
communication will involve no obligation or commitment of any kind.
4
HASTINGS ENTERTAINMENT, INC. DIRECT
SHARE PROGRAM
INITIAL INFORMATION SHEET
Date
-------------------------------
Shareholder Name
-------------------------------------------
Home Address
--------------------------------------------------------------------
- --------------------------------------------------------------------------------
Daytime Telephone Number ( ) -
---- --------------------
Nighttime Telephone Number ( ) -
---- --------------------
Fax Telephone Number ( ) -
---- --------------------
E-mail address
--------------------------------------------
Mail: Hastings Entertainment, Inc. Fax #: (806) 351-2424
Investor Relations
PO Box 35350 E-mail address: irelations@hastings-ent.com
Amarillo, TX 79120-5350
Please return by April 22, 1998.