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FORM 4
--------------------------------
[ ] CHECK THIS BOX IF NO LONGER OMB APPROVAL
SUBJECT TO SECTION 16. FORM 4 OR --------------------------------
FORM 5 OBLIGATIONS MAY CONTINUE. OMB NUMBER: 3235-0287
SEE INSTRUCTION 1(B). EXPIRES: SEPTEMBER 30, 1998
(PRINT OR TYPE RESPONSES) ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE..........0.5
--------------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting
Person to Issuer
Winokur, Herbert S., Jr. The WMF Group, Ltd. (WMFG) (Check all applicable)
- --------------------------------------------------------------------------------------------
(Last) (First) (Middle) 3. IRS or Social 4. Statement for Month/Year [X] Director [X] 10% Owner
Security Number Officer Other
30 East Elm Street of Reporting December, 1997 (give title (specify title
- --------------------------------------- Person below) below)
(Street) (Voluntary)
----------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Greenwich, Connecticut 06830 5. If Amendment, 7. Individual or Joint/Group Filing
- --------------------------------------- Date of Original (Check Applicable Line)
(City) (State) (Zip) (Month/Year)
[ ] Form filed by One Reporting Person
[X] Form filed by More than One Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------------
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. Ownership Form: 7. Nature of
(Instr.3) action action Code or Disposed of (D) Securities Direct (D) or Indirect
Date (Instr. 8) (Instr. 3,4 and 5) Beneficially Indirect (I) Beneficial
Owned at End of (Instr. 4) Ownership
(Month/ Month (Instr. 4)
Day/Year)
-------------------------------------------------
Code V Amount (A) or (D) Price (Instr. 3 and 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock, par value
$.01 per share (1) 12/08/97 X 16,135 A $9.15 per I (3)
shares share
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock, par value
$.01 per share (1) 12/08/97 X 546,448 A $9.15 per 546,448 D (4)
shares share shares
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock, par value
$.01 per share (2) 12/08/97 J(13) 78,925 A N/A 95,060 I (5)
shares shares
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock, par value
$.01 per share (2) 12/08/97 J(13) 421,844 A N/A 0 D (6)
shares shares
====================================================================================================================================
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)
Page 1 of 6
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<TABLE>
<CAPTION>
FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities)
- ---------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of
Derivative or Exercise Date Code Derivative
Security Price of (Month/Day/Year) (Instr. 8) Securities
(Instr. 3) Derivative Acquired (A)
Security or Disposed
of (D)
---------------------------------
Code (A) (D)
- ---------------------------------------------------------------------------------
Rights to N/A 12/08/97 236,775
acquire J(13) Rights
Common (14)
Stock (7)
- ---------------------------------------------------------------------------------
Rights to N/A 12/08/97 1,265,532
acquire J(13) Rights
Common (14)
Stock (7)
- ---------------------------------------------------------------------------------
Rights to $9.15 12/08/97 X Rights to
acquire per share Acquire
Common 16,135
Stock (8) shares
- ---------------------------------------------------------------------------------
Rights to $9.15 12/08/97 X Rights to
acquire per share Acquire
Common 546,448
Stock (8) shares
- ---------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities)
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
6. Date 7. Title and Amount 8. Price of 9. Number of 10. Ownership 11. Nature of
Exercisable of Underlying Derivative Derivative Form of Indirect
and Expiration Securities Security Securities Derivative Beneficial
Date (Instr. 3 and 4) Beneficially Security: Ownership
(Month/Day/Year) Owned at Direct (D) or (Instr. 4)
End of Indirect (I)
Month (Instr. 4)
(Instr. 4)
------------------------------------------
Amount
Date Expir- or
Exer- ation Number
cisable Date Title of Shares
- -----------------------------------------------------------------------------------------------------------
(7) (7) Common 78,925 N/A 0 I (9)
Stock shares
- -----------------------------------------------------------------------------------------------------------
(7) (7) Common 421,844 N/A 0 D (10)
Stock shares
- -----------------------------------------------------------------------------------------------------------
(8) (8) Common 16,135 N/A 0 I (11)
Stock shares
- -----------------------------------------------------------------------------------------------------------
(8) (8) Common 546,448 N/A 0 D (12)
Stock shares
- -----------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------
Explanation of Responses: SEC 1474 (7/96)
See attached explanations.
Page 2 of 6
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<PAGE>
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<CAPTION>
<S> <C> <C> <C>
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. /s/ HERBERT S. WINOKUR, JR. January 5, 1998
78ff(a). ----------------------------
Herbert S. Winokur, 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 in this form are not required to respond unless the form
displays a currently valid OMB Number.
Winokur Holdings, Inc. January 5, 1998
/s/ HERBERT S. WINOKUR, JR.
----------------------------
Name: Herbert S. Winokur, Jr.
Title: President
Capricorn Investors, L.P. January 5, 1998
By: Capricorn Holdings, G.P.
By: Winokur Holdings, Inc.
/s/ HERBERT S. WINOKUR, JR.
----------------------------
Name: Herbert S. Winokur, Jr.
Title: President
Capricorn Investors II, L.P. January 5, 1998
By: Capricorn Holdings, LLC
/s/ HERBERT S. WINOKUR, JR.
----------------------------
Name: Herbert S. Winokur, Jr.
Title: Manager
Page 3 of 6
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<PAGE>
FORM 4 - ADDITIONAL REPORTING PERSON INFORMATION
1. Name and Address of Additional Reporting Person:
Winokur Holdings, Inc.
30 East Elm Street
Greenwich, Connecticut 06830
2. Name and Address of Additional Reporting Person:
Capricorn Investors, L.P.
30 East Elm Street
Greenwich, Connecticut 06830
3. Name and Address of Additional Reporting Person:
Capricorn Investors II, L.P.
30 East Elm Street
Greenwich, Connecticut 06830
Page 4 of 6
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<CAPTION>
FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
(Continuation)
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1. Name and Address of Reporting Person 2. Statement For Month/Year 4. Issuer Name and Ticker or Trading Symbol
Winokur Herbert S., Jr. December, 1997 The WMF Group, Ltd. (WMFG)
- ------------------------------------------------------------------------------------------------------------------------------------
(Last) (First) (Middle)
30 East Elm Street
- --------------------------------------------------------------------------------
(Street)
Greenwich Connecticut 06830
- --------------------------------------------------------------------------------
(City) (State) (Zip)
- --------------------------------------------------------------------------------
Explanation of Responses (continued):
1. Shares acquired by Capricorn Investors II, L.P. pursuant to closing of Share Purchase Agreement dated November 17, 1997 by and
between Capricorn Investors II, L.P. and The WMF Group, Ltd.
2. Shares acquired by Capricorn Investors, L.P. pursuant to exercise of rights distributed on May 9, 1997 to holders of record of
Common Stock of NHP Incorporated as of May 2, 1997. The rights were exercised pursuant to their terms, and the shares acquired
by Capricorn Investors, L.P. on December 8, 1997, at the effective time of the merger of AIMCO/NHP Acquisition Corp. with and
into NHP Incorporated pursuant to the Amended and Restated Agreement and Plan of Merger dated as of April 21, 1997, and as
amended as of October 14, 1997, by and among Apartment Investment and Management Company, AIMCO/NHP Acquisition Corp. and NHP
Incorporated.
3. Beneficially owned by Mr. Winokur, who may be deemed to have a pecuniary interest in these shares through Capricorn Holdings,
LLC, which is the general partner of Capricorn Investors II, L.P., which directly held 546,448 shares at December 31, 1997.
4. Directly owned by Capricorn Investors II, L.P.
Page 5 of 6
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<PAGE>
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<CAPTION>
FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
(Continuation)
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1. Name and Address of Reporting Person 2. Statement For Month/Year 4. Issuer Name and Ticker or Trading Symbol
Winokur Herbert S., Jr. December, 1997 The WMF Group, Ltd. (WMFG)
- ------------------------------------------------------------------------------------------------------------------------------------
(Last) (First) (Middle)
30 East Elm Street
- --------------------------------------------------------------------------------
(Street)
Greenwich Connecticut 06830
- --------------------------------------------------------------------------------
(City) (State) (Zip)
- --------------------------------------------------------------------------------
5. Beneficially owned by Mr. Winokur, who may be deemed to have a pecuniary interest in these shares through Winokur Holdings,
Inc., which directly held 78,925 shares at December 31, 1995.
6. Shares directly owned by Capricorn Investors, L.P., which directly held 0 shares at December 31, 1997. The shares acquired by
Capricorn Investors, L.P. on December 8, 1997 were distributed to its partners prior to December 31, 1997.
7. Rights to acquire shares distributed on May 9, 1997 to holders of record of Common Stock of NHP Incorporated as of May 2,
1997. The rights were exercised, pursuant to their terms, on December 8, 1997 at the effective time of the merger of AIMCO/NHP
Acquisition Corp. with and into NHP Incorporated pursuant to the Amended and Restated Agreement and Plan of Merger dated as of
April 21, 1997, and as amended as of October 14, 1997, by and among Apartment Investment and Management Company, AIMCO/NHP
Acquisition Corp. and NHP Incorporated.
8. Rights to acquire shares pursuant to that certain Share Purchase Agreement dated as of November 17, 1997 by and between
Capricorn Investors II, L.P. and The WMF Group, Ltd. The closing under the Share Purchase Agreement was held on December 8,
1997.
9. Beneficially owned by Mr. Winokur, who may be deemed to have had a pecuniary interest in these rights through Winokur
Holdings, Inc., which directly held 0 of such rights at December 31, 1997.
10. Directly owned by Capricorn Investors, L.P.
11. Beneficially owned by Mr. Winokur, who may be deemed to have had a pecuniary interest in these rights through Capricorn
Holdings, LLC, the general partner of Capricorn Investors II, L.P., which directly held 0 of such rights at December 31, 1997.
12. Directly owned by Capricorn Investors II, L.P.
13. The rights were exercised, pursuant to their terms, on December 8, 1997 at the effective time of the merger of AIMCO/NHP
Acquisition Corp. with and into NHP Incorporated pursuant to the Amended and Restated Agreement and Plan of Merger dated as of
April 21, 1997, and as amended as of October 14, 1997, by and among Apartment Investment and Management Company, AIMCO/NHP
Acquisition Corp. and NHP Incorporated.
14. Rights to acquire shares. Each right entitled the holder thereof, to receive one third of a share of Common Stock, par value
$0.01 per share.
Page 6 of 6
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