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FORM 4
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[ ] 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
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<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)
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(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 January, 1998 (give title (specify title
- --------------------------------------- Person below) below)
(Street) (Voluntary)
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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
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TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership Form: 7. Nature of
(Instr.3) action Code (Instr. 8) or Disposed of (D) Securities Direct (D) or Indirect
Date (Instr. 3,4 and 5) Beneficially Indirect (I) Beneficial
Owned at End of (Instr. 4) Ownership
Month (Instr. 4)
(Month/Day/
Year) -------------------------------------------------
Code V Amount (A) or (D) Price (Instr. 3 and 4)
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Common Stock, par value
$.01 per share (1) 01/02/98 P 1,772 A $13.00 I (2)
shares per share
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Common Stock, par value
$.01 per share (1) 01/02/98 P 60,000 A $13.00 D (3)
shares per share
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Common Stock, par value
$.01 per share (1) 01/05/98 P 1,551 A $13.375 I (2)
shares per share
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Common Stock, par value
$.01 per share (1) 01/05/98 P 52,535 A $13.375 D (3)
shares per share
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Common Stock, par value
$.01 per share (1) 01/05/98 P 385 A $13.375 I (2)
shares per share
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Common Stock, par value
$.01 per share (1) 01/05/98 P 13,030 A $13.375 D (3)
shares per share
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Common Stock, par value
$.01 per share (1) 01/05/98 P 738 A $13.375 I (2)
shares per share
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Common Stock, par value
$.01 per share (1) 01/05/98 P 25,000 A $13.375 D (3)
shares per share
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Common Stock, par value
$.01 per share (1) 01/13/98 P 443 A $11.625 I (2)
shares per share
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Common Stock, par value
$.01 per share (1) 01/13/98 P 15,000 A $11.625 D (3)
shares per share
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Common Stock, par value
$.01 per share (1) 01/15/98 P 443 A $12.00 100,392 I (2)
shares per share shares
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Common Stock, par value
$.01 per share (1) 01/15/98 P 15,000 A $12.00 727,013 D (3)
shares per share shares
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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 5
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FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C>
1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of 6. Date
Derivative or Exercise Date Code Derivative Exercisable
Security Price of (Month/Day (Instr. 8) Securities and
(Instr. 3) Derivative Year) Acquired (A) Expiration
Security or Disposed Date
of (D) (Month/Day/
Year)
--------------
Date Expir-
Exer- ation
cisable Date
--------------------------------
Code (A) (D)
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FORM 4 (continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(E.G., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C>
7. Title 8. Price 9. Number of 10. Ownership 11. Nature of
and of Derivative Form of Indirect
Amount Derivative Securities Derivative Beneficial
of Under- Security Beneficially Security: Ownership
lying Owned at Direct (D) or (Instr. 4)
Securities End of Indirect (I)
(Instr. 3 Month (Instr. 4)
and 4) (Instr. 4)
- -----------------
Amount
or
Number
Title of Shares
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Explanation of Responses: SEC 1474 (7/96)
See attached explanations. Page 2 of 5
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<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. February 10, 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. February 10, 1998
/s/ HERBERT S. WINOKUR, JR.
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Name: Herbert S. Winokur, Jr.
Title: President
Capricorn Investors, L.P. February 10, 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. February 10, 1998
By: Capricorn Holdings, LLC
/s/ HERBERT S. WINOKUR, JR.
-------------------------------
Name: Herbert S. Winokur, Jr.
Title: Manager
Page 3 of 5
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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 5
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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
January, 1998 The WMF Group, Ltd. (WMFG)
Winokur Herbert S., Jr.
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(Last) (First) (Middle)
30 East Elm Street
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(Street)
Greenwich Connecticut 06830
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(City) (State) (Zip)
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Explanation of Responses (continued):
1. Shares acquired by Capricorn Investors II, L.P.
2. Beneficially owned by Mr. Winokur, who may be deemed to have a pecuniary interest in these shares through (i) Winokur Holdings,
Inc., which directly held 78,925 shares at January 31, 1998 and (ii) Capricorn Holdings, LLC, which is the general partner of
Capricorn Investors II, L.P., which directly held 727,013 shares at January 31, 1998.
3. Directly owned by Capricorn Investors II, L.P.
Page 5 of 5
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