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

Dec 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2010-12-20

Reporting Person: Warner Richard C (EVP & Chief Credit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-20	Common Stock	A	92232	—	Acquired	92232	Direct
2010-12-20	Common Stock	A	33334	—	Acquired	125566	Direct

Footnotes

F1: Represents 92,232 shares of common stock received by Mr. Warner in connection with Walker & Dunlop's (the "Company") formation transactions.

F2: Concurrently with the closing of the Company's initial public offering, the Company granted 33,334 shares of restricted common stock to Mr. Warner, vesting ratably on each anniversary date of grant over the next three years, under the Company's 2010 Equity Incentive Plan.