Walker & Dunlop, Inc. — Director's Dealing 2013

May 1, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2013-04-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-30	Common Stock	F	1392	$17.81	Disposed	88026	Direct
2013-04-30	Common Stock	F	580	$17.81	Disposed	37627	Indirect

Footnotes

F1: Represents shares of common stock withheld pursuant to the Walker & Dunlop, Inc. 2010 Equity Incentive Plan to satisfy Mr. Warner's tax obligation upon the vesting of restricted stock on April 30, 2013.

F2: Represents shares of common stock withheld pursuant to the Walker & Dunlop, Inc. 2010 Equity Incentive Plan to satisfy the tax obligation of Mr. Warner's spouse, an employee of Walker & Dunlop, Inc., upon the vesting of restricted stock on April 30, 2013.