Walker & Dunlop, Inc. — Director's Dealing 2017

Mar 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2017-03-15

Reporting Person: Smith Howard W III (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-15	Common Stock	M	13591	—	Acquired	859882	Direct
2017-03-15	Common Stock	F	6706	$41.34	Disposed	853176	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-15	Deferred Stock Units	$	M	9061	Disposed		Common Stock (9061)	Direct
2017-03-15	Restricted Stock Units	$	M	4530	Disposed		Common Stock (4530)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4764	Indirect
Common Stock	4764	Indirect
Common Stock	4560	Indirect
Common Stock	4764	Indirect
Common Stock	4422	Indirect

Footnotes

F1: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F2: The deferred stock units are fully vested and were settled in shares of the Issuer's common stock on March 15, 2017 pursuant to the Walker & Dunlop, Inc., Management Deferred Stock Unit Purchase Plan.

F3: Each restricted stock unit represents the right to receive one share of common stock of the Issuer.

F4: The restricted stock units were settled in shares of the Issuer's common stock on March 15, 2017.