The following is the code used in the Season 1 Episode 3: Slip Logic.

<font face="verdana">
	<div id="LocalHolds">
		<h2 style="margin-top:0px"><div id="Expiration">Expires: </div></h2>
		<div id="RegularHolds">
			<h1><div id="PatronID"></div></h1>
			<div id="CardSegment">Last 2 digits of card: </div>
			<h1 style="margin-top:20px">NOT CHECKED OUT</h1>
			<font size="1">Please check this item out before leaving.</font>
		</div>
		<div id="HomeBoundHolds">
			<h1>HOMEBOUND PATRON HOLD</h1>
			Patron: <<borrowers.surname>>, <<borrowers.firstname>><br/>
			Address: <<borrowers.address>><br/>
			City: <<borrowers.city>><br/>
			State: <<borrowers.state>><br/>
			Zip: <<borrowers.zipcode>><br/>
			Phone: <<borrowers.phone>><br/>
			SMS: <<borrowers.smsalertnumber>><br/>
			E-mail: <<borrowers.email>>
		</div>
		<h3 style="margin-top:400px"><div id="HoldAt">Hold at: <<branches.branchname>></div></h3>
	</div>

	<div id="TransferredHolds">
		<h3 style="margin-top:20px">Transfer to</h3>
		<h1><<branches.branchname>><br/>
		<i><<branches.branchnotes>></i></h1>
		<div style="margin-top:20px">
			<b>Title: <<biblio.title>><br/>
			Author: <<biblio.author>></b><br/>
			Barcode: <<items.barcode>><br/>
			Call No: <<items.itemcallnumber>><br/>
			Transfer Date: <<today>>
		</div>
		<h3 style="margin-top:400px"><div id="SentFrom">Sent from: </div></h3>
	</div>

	<div id="ExpiredHolds">
		<h2 style="margin-top:20px">HOLD EXPIRED</h2>
		<div style="margin-top:20px">
			<b>Title: <<biblio.title>><br/>
			Author: <<biblio.author>></b><br/>
			Barcode: <<items.barcode>><br/>
			Call No: <<items.itemcallnumber>><br/>
			<div id="ExpiredDate">Expired: </div>
		</div>
	</div>
</font>

<script>
	var mask = "*";
	var lastname = "<<borrowers.surname>>"
	var firstname = "<<borrowers.firstname>>";
	var cardnumber = "<<borrowers.cardnumber>>";
	if (cardnumber == '') {
		cardnumber = 'NULL'
	}
	var patroncategory = "<<borrowers.categorycode>>";
	var partialname = lastname;
        if (firstname != '') {
		partialname += ", " + firstname.match(/\b./g).join('');
	}
	var transferto = "<<branches.branchname>>";
	var expiration = '<<reserves.expirationdate>>'.substring(0, 5);
    var expire = "[% hold.expirationdate %]";
    var today = new Date();
    today = new Date(today.getFullYear(), today.getMonth(), today.getDate());
	var currentbranch = "[% USE Branches %] [% Branches.GetName( Branches.GetLoggedInBranchcode ) %]";
	currentbranch = currentbranch.trim();

	if (!(transferto == currentbranch)) {
		document.getElementById("LocalHolds").style.display='none';
		document.getElementById("ExpiredHolds").style.display='none';
		document.getElementById("SentFrom").innerHTML += currentbranch;
	} else {
		document.getElementById("TransferredHolds").style.display='none';
		document.getElementById("ExpiredHolds").style.display='none';
		document.getElementById("PatronID").innerHTML=partialname;
		if (cardnumber == 'NULL') {
			document.getElementById("CardSegment").innerHTML = 'SELF REGISTERED - See Front Desk';
		} else {
			document.getElementById("CardSegment").innerHTML += mask.repeat(cardnumber.length-2) + cardnumber.slice(-2);
		}
		document.getElementById("Expiration").innerHTML += expiration;
		if (patroncategory == "NOTHOME") {
			document.getElementById("RegularHolds").style.display='none';
		} else {
	                document.getElementById("HomeBoundHolds").style.display='none';
		}
		if (Date.parse(expire) < Date.parse(today)) {
			document.getElementById("LocalHolds").style.display='none';
            document.getElementById("ExpiredHolds").style.display='unset';
			var expiredisplay = expire.split('-');
			expiredisplay = expiredisplay[1] + '/' + expiredisplay[2] + '/' + expiredisplay[0];
            document.getElementById("ExpiredDate").innerHTML += expiredisplay;
        }
	}
</script>

The modification that was shown to alter the way the patron name was displayed was done by altering the parialname variable in the logic:

var partialname = lastname.substring(0,3) + mask.repeat(lastname.length-3);
        if (firstname != '') {
		partialname += ", " + firstname.substring(0,3) + mask.repeat(firstname.length-3);
	}