Walker & Dunlop, Inc. - Director's Dealing 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2016-02-15

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-15	Common Stock	A	14706	—	Acquired	87370	Direct
2016-02-15	Common Stock	A	12868	—	Acquired	39921	Indirect
2016-02-15	Common Stock	F	3747	$20.40	Disposed	83623	Direct
2016-02-15	Common Stock	F	3393	$20.40	Disposed	36528	Indirect

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-15	Stock Options (right to buy)	$20.40	A	13870	Acquired	2026-02-15	Common Stock (13870)	Direct

F1: The restricted common stock vests in three equal annual installments beginning on the first anniversary of the grant date.

F2: The stock options vest in three equal annual installments beginning on the first anniversary of the grant date.