Walker & Dunlop, Inc. — Director's Dealing 2015

May 1, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2015-04-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-30	Common Stock	F	1391	$19.14	Disposed	72664	Direct
2015-04-30	Common Stock	F	580	$19.14	Disposed	27053	Indirect

Footnotes

F1: Represents shares of common stock withheld pursuant to the Walker & Dunlop, Inc. 2010 Equity Incentive Plan, as amended to satisfy Mr. Warner's tax obligation upon the vesting of restricted stock on April 30, 2015.

F2: Represents shares of common stock withheld pursuant to the Walker & Dunlop, Inc. 2010 Equity Incentive Plan, as amended to satisfy Mrs. Warner's tax obligation upon the vesting of restricted stock on April 30, 2015.