Walker & Dunlop, Inc. — Director's Dealing 2010

Dec 17, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2010-12-15

Reporting Person: Walker William M (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-15	Common Stock	A	100	$10.00	Acquired	200	Direct
2010-12-16	Common Stock	A	10000	$9.93	Acquired	10200	Direct

Footnotes

F1: Represents an aggregate sale price of $9.93, with individual sale prices ranging from $9.91 to $9.95. If necessary, Mr. Walker will supply details of individual sale allotments.

F2: Includes 100 shares of common stock in Walker & Dunlop, Inc. (the "Company") that were issued to Mr. Walker on July 29, 2010 in connection with the formation and initial capitalization of the Company. Concurrently with the closing of the Company's initial public offering and formation transactions, the Company will redeem its initial capitalization shares for the purchase price of $100.

F3: Concurrently with the closing of the Company's initial public offering, Mr. Walker will receive shares of common stock in the Company in connection with the formation transactions and shares of restricted common stock, vesting ratably on each anniversary date of grant over the next three years, under the Company's 2010 Equity Incentive Plan.