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OMB APPROVAL
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OMB Number: 3235-0104
Expires: December 31, 2001
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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 box if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See Instructions 1(b)
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1. Name and Address of Reporting Person*
Zangrillo Robert L.
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(Last) (First) (Middle)
P.O. Box CC
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(Street)
Aspen CO 81612
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
InterWorld Corporation (INTW)
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3. I.R.S. Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
February 2000
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5. If Amendment, Date of Original (Month/Year)
February 2000
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[ X ] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
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1.Title of Security 2.Transaction 3.Transaction 4.Securities Acquired 5.Amount of 6.Ownership 7.Nature of
(Instr. 3) Date Code (A) or Disposed of Securities Form: Indirect
(Month/Day/ (Instr. 8) (D)(Instr. 3,4 Beneficially Direct (D) Beneficial
Year) and 5) Owned at End or Indirect Ownership
-------------- ---------------------- of Month (I) (Insr. 4)
Code V Amount (A) or Price (Instr. 3 (Instr. 4)
(D) and 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
By Wight
Common Stock 02/29/2000 S 37,000 D 213,000(1) (I) Investment
Partners(2)
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</TABLE>
* If the Form is filed by more than one reporting person, see Instruction
4(b)(v)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Response)
<PAGE>
FORM 4 (continued)
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
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1.Title of Derivative 2.Conver- 3.Trans- 4.Trans- 5.Nubmer of 6.Date Exer- 7.Title and Amount 8.Price of
Security (Instr. 3) sion or action action Derivative cisable and of Underlying Deriv-
Exercise Date Code Securities Expiration Securities ative
Price of (Month/ (Instr. Acquired Date (Instr. 3 and 4) Security
Deriv- Day/ 8) (A) or (Month/Day/ ----------------- (Instr.
ative Year) --------- Disposed Year) Title Amount or 5)
Security Code V of (D) --------------- Number of
(Instr. 3, Date Expir- Shares
4 and 5) Exer- ation
------------ cisable Date
(A) (D)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
<TABLE>
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9.Number 10.Owner- 11.Nature
of Der- ship of
ivative Form of Indirect
Secur- Deriv- Bene-
ities ative ficial
Bene- Secur- Owner-
ficially ity: ship
Owned Direct (Instr.
at End (D) or 4)
of Indirect
Month (I)
(Instr. 4) (Instr.
4)
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<S> <C> <C>
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</TABLE>
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Explanation of Responses:
(1) Total holdings of Mr. Zangrillo remain as previously reported. This amended
Form 4 only reflects transactions of Wight Investment Partners,
pursuant to Footnote 2 below
(2) The Reporting Person disclaims beneficial ownership of these securities,
except to the extent of the Reporting Person's pecuniary interest.
/s/ Robert Zangrillo March 23, 2000
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** 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 is provided is insufficient, See Instruction 6 for procedure.
