Walker & Dunlop, Inc. — Director's Dealing 2014

Mar 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2014-03-15

Reporting Person: THEOBALD STEPHEN P (EVP & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-15	Deferred Stock Units	$	A	9708	Acquired		Common Stock (9708)	Direct

Footnotes

F1: Each deferred stock unit represents the right to receive one share of common stock of Walker & Dunlop, Inc. (the "Company").

F2: The deferred stock units vest 6,472 units on the grant date, March 15, 2014, and 3,236 units on the three-year anniversary of the grant date, March 15, 2017, subject to vesting acceleration pursuant to the Company's Management Stock Purchase Plan (the "Plan"). The deferred stock units will be settled in shares of the Company's common stock either (i) on a date selected by the reporting person pursuant to the Plan, or (ii) as otherwise provided in the Plan.