FORM 5
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, Section 17(a) of the
Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
|_| Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
See Instruction 1(b).
|_| Form 3 Holdings Reported
|_| Form 4 Transactions Reported
1. Name and Address of Reporting Person*: Legris Yves
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(Last) (First) (Middle)
c/o Infogrames Entertainment S.A. 84 rue du 1 er Mars 1943
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(Street)
Villeurbanne France 69100
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol:
GT Interactive Software Corp. (GTIS)
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Statement for Month/Year:
March 31, 2000
5. If Amendment, Date of Original:
(Month/Year)
6. Relationship of Reporting Person(s) to Issuer: (Check all applicable)
_____ Director
__X__ Officer (give title below)
President and Chief Operating Officer
_____ 10% Owner
_____ Other (specify below)
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 I - Non-Derivative Securities Acquired,
Disposed of, or Beneficially Owned
1. Title of Security:
(Instr. 3)
None
2. Transaction Date:
(Month/Day/Year)
3. Transaction Code:
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D):
(Instr. 3, 4 and 5)
Amount (A) or (D) Price
5. Amount of Securities Beneficially Owned at End of Issuer's
Fiscal Year:
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I):
(Instr. 4)
7. Nature of Indirect Beneficial Ownership:
(Instr. 4)
*If the form is filed by more than one reporting person, see Instruction
4(b)(v).
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 control number.
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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)
Options to purchase Common Stock
2. Conversion or Exercise Price of Derivative Security:
$2.75
3. Transaction Date :
(Month/Day/Year)
4/5/00
4. Transaction Code:
(Instr. 8)
Code
A
5. Number of Derivative Securities Acquired (A) or Disposed of (D):
(Instr. 3, 4 and 5)
(A) (D)
250,000
6. Date Exercisable and Expiration Date:
(Month/Day/Year)
Date Exercisable Expiration Date
(a) 4/5/10
7. Title and Amount of Underlying Securities:
(Instr. 3 and 4)
Title Amount or Number of Shares
Common Stock 250,000
8. Price of Derivative Security:
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Year:
(Instr. 4)
250,000
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I):
(Instr. 4)
D
11. Nature of Indirect Beneficial Ownership:
(Instr. 4)
Explanation of Responses:
(a) The options become exercisable in four equal annual installments beginning
on the first anniversary date specified in Column 3.
** Intentional misstatements or /s/ Yves Legris
omissions of facts constitute -----------------------
Federal Criminal Violations. ** Signature of Reporting Person
See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a).
Date: May 16, 2000
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.
