- ---------------------------- ------------------------------- FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL - ---------------------------- Washington, D.C. 20549 ------------------------------- [ ] Check this box if no OMB Number 3235-0287 longer subject to Section 16. STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: September 30, 1998 Form 4 or Form 5 obligations may Estimated average burden continue. See Instruction 1(b). hours per response . . . .0.5 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 (Print or Type Responses) - ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of 2. Issuer Name and Ticker or 6. Relationship of Reporting Person(s) to Issuer Reporting Person* Trading Symbol (Check all applicable) DynamicWeb Enterprises, Inc. [X] Director [X] 10% Owner Vanechanos, Steven L., Jr. DWEB [X] Officer (give [ ] Other (specify title below) below) - ----------------------------------------------------------------------------------- (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for Chairman of the Board and CEO Number of Reporting Month/Year Person (Voluntary) 92 Clarken Drive ###-##-#### 03/2000 - -------------------------------- ------------------------------- ------------------------------------ (Street) 5. If Amendment, 7. Individual or Joint/Group Filing (check Date of Original applicable line) (Month/Year) [X] Form Filed by One Reporting Person [ ] Form Filed by More than One West Orange, NJ 07052 Reporting Person - ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature (Instr. 3) action action or Disposed of (D) Securities ship of In- Date Code (Instr. 3, 4 and 5) Beneficially Form: direct (Instr. 8) Owned at Direct Bene- (Month/ End of (D) or ficial Day/ Month Indirect Owner- Year) (Instr. 3 (I) ship and 4) (Instr. 4) (Instr. 4) ----------------------------------- (A) or Code V Amount (D) Price - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 03/21/00 M 26,534 A $17.20 302,737 D - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) * If the form is filed by more than one reporting person, see instruction 4(b)(v). SEC 1474 (7/96)

FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

- ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer- 7. Title and Amount of Security sion or action tion Code ative Securities Ac- cisable and Underlying Securi- Exercise Date quired (A) or Dis- Expiration Date ties (Instr. 3) Price (Instr. 8) posed of (D) (Month/Day/ of (Month/ Year) (Instr. 3 and 4) Deriv- Day/ (Instr. 3, 4, and 5) ative Year) Security ------------------------------------------- Date Expira- Amount or Exer- tion Number of cisable Date Title Shares ------------------------------------- Code V (A) (D) - ------------------------------------------------------------------------------------------------------------------------------------ Warrant to Purchase Common Common Stock $0 03/21/00 M 40,748 Immed. 12/30/07 Stock 40,748 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------

8. Price of 9. Number of 10. Ownership 11. Nature of Derivative Derivative Form of Indirect Security Securities Derivative Beneficial Beneficially Security: Ownership (Instr. 5) Owned at End Direct (D) or of Month Indirect (I) (Instr. 4) (Instr. 4) (Instr. 4) $17.20 302,737 D - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Explanation of Responses: ** Intentional misstatements or omissions of facts constitute Federal /s/ STEVEN L. VANECHANOS, JR. April 25, 2000 Criminal Violations. ------------------------------- -------------- See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date Steven L. Vanechanos, Jr. 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 SEC 1474 (7/96) in this form are not required to respond unless the form displays a currently valid OMB number. BRMFS1 179177.01