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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 4
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OMB APPROVAL
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number:3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response........0.5
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[_] Check this box if no longer Filed pursuant to Section 16(a) of the Securities Exchange Act of
subject to Section 16. Form 4 1934, Section 17 (a) of the Public Utility Holding Company Act of
or Form 5 obligations may 1935 or Section 30(f) of the Investment Company Act of 1940
continue. See Instruction 1(b).
(Print or Type Responses)
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1. Name and Address 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting of Person(s)
Reporting Person* to Issuer
(Check all applicable)
Galey, Robert D. The WMF Group, Ltd. (WMFG)
________ Director _____ 10% Owner
X Officer (give _____ Other (specify
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title below below)
Chief Information Officer
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for
Number of Reporting Month/Year
1593 Spring Hill Road, #400 Person (Voluntary)
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(Street) 5. If Amendment, 7. Individual or Joint/Group Filing (Check
Date of Original Applicable Line)
Vienna, VA 22182 (Month/Year) X Form filed by One Reporting Person
June,1999 ---
___ Form filed by More than One Reporting
Person
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(City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security 2. Trans- 3. Trans- 4. Securities 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action action Acquired (A) or Securities Form: Indirect
Date Code Disposed of (D) Beneficially Direct (D) Beneficial
(Instr. 8) (Instr. 3, 4 and 5) Owned at or Indirect Ownership
(Month/ End of Month (I)
Day/ (Instr. 4)
Year) (Instr. 3 and 4) (Instr. 4)
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Code V Amount (A) or (D) Price
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
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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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1. Title of 2.Conversion 3.Transaction 4.Transaction 5. Number of 6. Date Exercisable 7. Title and Amount
Derivative or Date Code Derivative and Expiration of Underlying
Security Exercise Securities Date (Month/ Securities
(Instr. 3) Price of (Month/ (Instr. 8) Acquired (A) Day/Year)
Derivative Day/ or Disposed
Security Year) of (D) (Instr. 3 and 4)
(Instr. 3,
4, and 5) Amount
or
Date Expir- Number
Exer- ation of
------------------------------- cisable Date Title Shares
Code V (A) (D)
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Options to $7.00 6/10/99 A V 20,000 6/30/99(1) 6/10/09 Common 20,000
purchase common Stock,
stock par
value
$.01
per
share
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8.Price 9.Number of 10.Ownership 11.Nature of
of Derivative Form of Indirect
Derivative Securities Derivative Beneficial
Security Beneficially Security; Ownership
Owned at Direct (Instr.
(Instr. End of (D) or 4)
5) Month Indirect
(I)
(Instr. 4) (Instr.
4)
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(1) 20,000 D
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Explanation of Responses:
(1) Options awarded as compensation on June 10, 1999, which vest in four equal
installments beginning June 30, 1999 and then on January 31 of 2000, 2001 and
2002.
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/s/ Robert D. Galey July 20, 1999
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**Intentional misstatements or omissions of facts constitute Federal **Signature of Reporting Person Date
Criminal Violations. Robert D. Galey
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space 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 Page 2 of 2
valid OMB Number.
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