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

Feb 17, 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: Smith Howard W III (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-15	Common Stock	A	4902	—	Acquired	984110	Direct
2016-02-15	Common Stock	F	1589	$20.40	Disposed	982521	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-15	Stock Options (right to buy)	$20.40	A	55479	Acquired	2026-02-15	Common Stock (55479)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3804	Indirect
Common Stock	3804	Indirect
Common Stock	3600	Indirect
Common Stock	3804	Indirect
Common Stock	3804	Indirect

Footnotes

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.