UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Guyennot, Denis
c/o GT Interactive Software Corp.,
417 Fifth Avenue
New York, NY 10016
2. Date of Event Requiring Statement (Month/Day/Year)
02/10/2000
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
GT Interactive Sofware Corp. (GTIS)
5. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X)
Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify
below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Table I -- Non-Derivative Securities Beneficially Owned |
- -----------------------------------------------------------------------------------------------------------------------------------|
1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
(Instr. 4) | Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | (Instr. 5) |
| Owned | Indirect(I) | |
| (Instr. 4) | (Instr. 5) | |
- -----------------------------------------------------------------------------------------------------------------------------------|
<S> <C> <C> <C>
None | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. SEC 1473 (7-96)
* If form is filed by more than one reporting person, see Instruction
5(b)(v). (Over)
<PAGE>
<TABLE>
<CAPTION>
Form 3 (continued) Table II - Derivative Securitites Beneficially Owned (e.g.,
puts, calls, warrants, options, convertible securities)
- -----------------------------------------------------------------------------------------------------------------------------------
Table II -- Derivative Securitites Beneficially Owned |
- -----------------------------------------------------------------------------------------------------------------------------------|
1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Ownership |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |Form of | Beneficial Ownership |
(Instra. 4) | Expiration | Securities (Instr. 4)| |exercise |Derivative | (Instr. 5) |
| Date(Month/ |-----------------------|---------|price of |Security: | |
| Day/Year) | |Amount |deri- |Direct(D) or | |
| Date | Expira- | |or |vative |Indirect(I) | |
| Exer- | tion | Title |Number of|Security |(Instra. 5) | |
| cisable | Date | |Shares | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
<S> <C> <C> <C> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------------|
Options to Purchase |(a)1/3/10| | Common Stock | 500,000 |$1.875 | D | |
Common Stock | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Explanation of Responses:
(a) 125,000 options will become exercisable on each of 1/3/01, 1/3/02, 1/3/03
and 1/3/04.
/s/Denis Guyennot 02/15/2000
------------------------------- ----------
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Page 2 of 2
</TABLE>
