Walker & Dunlop, Inc. — Director's Dealing 2018

Aug 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2018-08-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-07	Common Stock	D	15604	—	Disposed	5886	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-07	Dividend Equivalent Rights	$	D	33.363	Disposed		Common Stock (33.363)	Indirect
2018-08-07	Restricted Stock Units	$	D	3608	Disposed		Common Stock (3608)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	59145	Direct

Footnotes

F1: Upon the reporting person's spouse's resignation from her position as an officer of the Company, each share of restricted stock held by the reporting person's spouse was forfeited to the Company.

F2: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F3: Upon the reporting person's spouse's resignation from her position as an officer of the Company, each dividend equivalent right held by the reporting person's spouse was forfeited to the Company.

F4: Each restricted stock unit represents the right to receive one share of common stock of the Company.

F5: Pursuant to the Company's Management Deferred Stock Unit Purchase Plan, as amended (the "Plan"), each restricted stock unit held by the reporting person's spouse was forfeited upon her resignation from her position as an officer of the Company.