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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. __)()1
WIT CAPITAL GROUP, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
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(Title of Class of Securities)
97737K 30 9
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/ / Rule 13d-1(c)
/X/ Rule 13d-1(d)
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(1) The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, SEE the
NOTES).
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CUSIP NO. 13G
1. NAMES OF REPORTING PERSONS
I.R.S IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
ANDREW D. KLEIN
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OR ORGANIZATION
UNITED STATES
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NUMBER OF 5. SOLE VOTING POWER 4,354,537
SHARES -----------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER 0
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER 4,354,537
REPORTING -----------------------------------------------------
PERSON WITH 8. SHARED DISPOSITIVE POWER 0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,354,537
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* / /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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ITEM 1(a). NAME OF ISSUER:
Wit Captial Group, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
826 Broadway
Sixth Floor
New York, N.Y. 10003
ITEM 2(a). NAME OF PERSON FILING:
Andrew D. Klein
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Andrew D. Klein
Wit Capital Group, Inc.
826 Broadway
Sixth Floor
New York, N.Y. 10003
ITEM 2(c). CITIZENSHIP:
U.S.A.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
ITEM 2(e). CUSIP NUMBER:
97737K 30 9
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR
13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) - Broker or dealer registered under Section 15 of the
Exchange Act;
(b) - Bank as defined in Section 3(a)(6) of the Exchange Act;
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(c) - Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
(d) - Investment company registered under Section 8 of the
Investment Company Act;
(e) - An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) - An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) - A parent holding company or control person in accordance
with Rule 13d-1(b)(ii)(G);
(h) - A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) - A church plan that is excluded from the
definition of an investment company under
Section 3(c)(14) of the Investment Company
Act;
(j) - Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check
this box. / /
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned as of December 31, 1999:
Andrew D. Klein - 4,354,537 shares of Common Stock
(b) Percent of Class:
5.9%; based on 73,279,306 shares of Common Stock on
December 31, 1999
(c) Number of shares as to which persons filing statement have:
(i) Sole power to vote or to direct the vote:
Andrew D. Klein - 4,354,537 shares of Common Stock
(ii) Shared power to vote or to direct the vote:
Andrew D. Klein - 0 shares of Common Stock
(iii)Sole power to dispose or to direct the disposition of:
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Andrew D. Klein - 4,354,537 shares of Common Stock
(iv) Shared power to dispose or to direct the disposition
of
Andrew D. Klein - 0 shares of Common Stock
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following / /.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
ITEM 10. CERTIFICATION.
Not Applicable.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
February 10, 2000
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(Date)
/s/ Andrew D. Klein
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(Signature)
Andrew D. Klein
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(Name/Title)
The original statement shall be signed by each person on whose
behalf the statement is filed or his authorized representative. If the statement
is signed on behalf of a person by his authorized representative (other than an
executive officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
NOTE. Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. SEE
Rule 13d-7(b) for other parties for whom copies are to be sent.
ATTENTION. Intentional misstatements or omissions of fact
constitute federal criminal violations (SEE 18 U.S.C. 1001).
