GELBAND ALAN
SC 13G/A, 2000-02-08
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                                (AMENDMENT NO. 3)

                    UNDER THE SECURITIES EXCHANGE ACT 19341


                             SEL-LEB MARKETING, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                          COMMON STOCK, $.01 PAR VALUE
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   816082 30 9
- --------------------------------------------------------------------------------
                                 (CUSIP Number)


                               DECEMBER 31, 1999
- --------------------------------------------------------------------------------
            (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)

          [X]  Rule 13d-(c)

          [_]  Rule 13d-1(d)


- ------------------------
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 ("Act") or otherwise subject to the liabilities of
     that section of the Act but shall be subject to all other provisions of the
     Act.


<PAGE>


- --------------------------------------------------------------------------------
1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)


          Alan Gelband
- --------------------------------------------------------------------------------
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [_]
                                                                 (b)  [X]

- --------------------------------------------------------------------------------
3.   SEC USE ONLY



- --------------------------------------------------------------------------------
4.   CITIZENSHIP OR PLACE OF ORGANIZATION


          U.S.A.
- --------------------------------------------------------------------------------
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES                     N/A
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY                    -0-
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING                   N/A
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH                      -0-
- --------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


          N/A
- --------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [_]

- --------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


          Less than 5%
- --------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*


          IN
- --------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                                       2
<PAGE>


                                  SCHEDULE 13G
                                  ------------

          Pursuant to Rule 13d-2 under the Securities Exchange Act of 1934 (the
"Exchange Act"), this Amendment No. 3 amends that certain Schedule 13G, filed
for an event of September 17, 1998, as amended by Amendments No. 1 and No. 2
thereto, by Alan Gelband and Alan Gelband Company, Inc. Defined Contribution
Pension Plan and Trust with respect to the common stock, par value $.01 per
share ("Common Stock"), of Sel-Leb Marketing, Inc., a New York corporation
("Sel-Leb"), collectively referred to herein as the "Schedule." Unless otherwise
indicated herein, capitalized terms used herein have the meanings ascribed to
them in the Schedule. Except as otherwise expressly indicated below, the
information contained in the Schedule, as amended to date, remains in effect.

ITEM 2(A).     NAME OF PERSONS FILING:
               ----------------------

               Alan Gelband ("Gelband")

ITEM 2(B).     ADDRESS OF PRINCIPAL BUSINESS OFFICE:
               ------------------------------------

               575 Madison Avenue, 7th Floor
               New York, New York  10022

ITEM 2(C).     CITIZENSHIP:
               -----------

               U.S.A.

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:

          |X|

ITEM 10.  CERTIFICATION.
          -------------

          By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of such securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.

                                    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.

Date:  February 7,  2000

                                        /s/ Alan Gelband
                                        ---------------------------------
                                             Alan Gelband


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