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

Jun 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2018-06-25

Reporting Person: Lucas Richard M (EVP & Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-25	Common Stock	M	4504	$18.03	Acquired	118374	Direct
2018-06-25	Common Stock	M	15496	$17.05	Acquired	133870	Direct
2018-06-25	Common Stock	S	5902	$57.3054	Disposed	127968	Direct
2018-06-25	Common Stock	S	9770	$57.6155	Disposed	118198	Direct
2018-06-25	Common Stock	S	4328	$57.9681	Disposed	113870	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-25	Stock Option	$18.03	M	4504	Disposed	2023-04-01	Common Stock (4504)	Direct
2018-06-25	Stock Option	$17.05	M	15496	Disposed	2024-02-15	Common Stock (15496)	Direct

Footnotes

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

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.04 to $57.47. 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 $57.48 to $57.84. 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 $57.85 to $58.56. 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.