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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-20	Common Stock	D	100	$1.00	Disposed	10100	Direct
2010-12-20	Common Stock	A	1891939	—	Acquired	1902039	Direct
2010-12-20	Common Stock	A	50000	—	Acquired	1952039	Direct

Footnotes

F1: Represents 100 shares of common stock that was redeemed by the Company in connection with the closing of Walker & Dunlop's (the "Company") initial public offering.

F2: Represents 1,891,939 shares of common stock received by Mr. Walker in connection with the Company's formation transactions.

F3: Concurrently with the closing of the Company's initial public offering, the Company granted 50,000 shares of restricted common stock to Mr. Walker, vesting ratably on each anniversary date of grant over the next three years, under the Company's 2010 Equity Incentive Plan.