INTERPOOL INC
4, 1999-10-06
EQUIPMENT RENTAL & LEASING, NEC
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                                     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(I) 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 Instruction 1(b).

________________________________________________________________________________
1.   NAME and ADDRESS of Reporting Person

  Tuchman                           Martin
- --------------------------------------------------------------------------------
   (Last)                           (First)             (Middle)

c/o Interpool, Inc.
211 College Road East
- --------------------------------------------------------------------------------
                                    (Street)

Princeton                          New Jersey            08540
- --------------------------------------------------------------------------------
   (City)                           (State)              (Zip)


________________________________________________________________________________
2.   ISSUER NAME and Ticker or Trading Symbol


Interpool, Inc. (IPX)
________________________________________________________________________________
3.   IRS or Social Security Number of Reporting Person (Voluntary)



________________________________________________________________________________
4.   Statement for Month/Year


September 1999
________________________________________________________________________________
5.   If Amendment, Date of Original (Month/Year)


________________________________________________________________________________
6.   Relationship of Reporting Person to Issuer
     (Check all applicable)

     [X]  Director                             [X]  10% Owner
     [X]  Officer                              [_]  Other (specify below)
          Chairman/CEO
________________________________________________________________________________
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
================================================================================
<TABLE>
<CAPTION>
                                                                                                                6.
                                                                 4.                              5.             Owner-
                                                                 Securities Acquired (A) or      Amount of      ship
                                                    3.           Disposed of (D)                 Securities     Form:     7.
                                      2.            Transaction  (Instr. 3, 4 and 5)             Beneficially   (D)       Nature of
                                      Trans-        Code         ------------------------------- Owned End      Direct or Indirect
1.                                    action Date   (Instr. 8)                   (A)             of Month       (I)       Beneficial
Title of Security                     (Month/Day/   ------------     Amount      or     Price    (Instr. 3      Indirect  Ownership
(Instr. 3)                             Year)         Code     V                  (D)             and 4)         (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                   <C>            <C>      <C>    <C>         <C>    <C>      <C>            <C>       <C>

Common Stock                          09/01/99       P               2,857       A      9.8125                  I         (1)(2)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock                          09/08/99       P                 857       A      9.375                   I         (1)(2)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock                          09/29/99       P                  29       A      8.6875                  I         (1)(2)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock                          09/29/99       P                 543       A        9.00                  I         (1)(2)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock                          09/29/99       P                 286       A       9.125                  I         (1)(2)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock                          09/29/99       P                 571       A        9.25    228,450       I         (1)(2)
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                 7,114,950      D
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>

(1) Stock acquired by The Ivy Group, LLC a New Jersey limited  liability company
in which the reporting person holds a 28.57% interest.

(2) Aggregate  indirect  beneficial  interest in 228,450  shares  includes 4,749
shares of which Mr. Tuchman's  mother is the record owner;  3,037 shares held by
Mr.Tuchman's wife; 8,668 shares held by a pension plan f/b/o Mr. Tuchman; 45,919
shares held by a revocable grantor trust of which Mr. Tuchman is the grantor and
trustee  and  Mr.  Tuchman's   brother  is  the  beneficiary;   10,  948  shares
representing Mr. Tuchman's 99% interest in shares held by Martom  Associates,  a
New Jersey  partnership;  and 155,129  shares  held by The Ivy Group,  LLC a New
Jersey  limited  liability  company  in which  reporting  person  holds a 28.57%
interest.



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