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

Jun 29, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2018-06-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-27	Common Stock	M	4233	$12.52	Acquired	70878	Direct
2018-06-27	Common Stock	M	5958	$13.05	Acquired	76836	Direct
2018-06-27	Common Stock	M	6918	$18.03	Acquired	83754	Direct
2018-06-27	Common Stock	S	9381	$55.6236	Disposed	74373	Direct
2018-06-27	Common Stock	S	7278	$56.3829	Disposed	67095	Direct
2018-06-27	Common Stock	S	4200	$57.3580	Disposed	62895	Direct
2018-06-28	Common Stock	M	17	$12.52	Acquired	62912	Direct
2018-06-28	Common Stock	M	518	$13.05	Acquired	63430	Direct
2018-06-28	Common Stock	M	1238	$18.03	Acquired	64668	Direct
2018-06-28	Common Stock	S	1773	$55.3638	Disposed	62895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-27	Stock Options (right to buy)	$12.52	M	4233	Disposed	2021-03-24	Common Stock (4233)	Direct
2018-06-27	Stock Options (right to buy)	$13.05	M	5958	Disposed	2022-04-30	Common Stock (5958)	Direct
2018-06-27	Stock Options (right to buy)	$18.03	M	6918	Disposed	2023-04-01	Common Stock (6918)	Direct
2018-06-28	Stock Options (right to buy)	$12.52	M	17	Disposed	2021-03-24	Common Stock (17)	Direct
2018-06-28	Stock Options (right to buy)	$13.05	M	518	Disposed	2022-04-30	Common Stock (518)	Direct
2018-06-28	Stock Options (right to buy)	$18.03	M	1238	Disposed	2023-04-01	Common Stock (1238)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21490	Indirect

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 25, 2018.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.37 to $55.95. The reporting person undertakes to provide Walker & Dunlop, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.00 to $56.92. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.13 to $57.89. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.14 to $55.74. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.