Walker & Dunlop, Inc. — Director's Dealing 2019

Nov 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2019-11-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-19	Common Stock	M	9782	$20.40	Acquired	132198	Direct
2019-11-19	Common Stock	S	9782	$65.98	Disposed	122416	Direct
2019-11-20	Common Stock	M	4088	$20.40	Acquired	126504	Direct
2019-11-20	Common Stock	M	5563	$39.82	Acquired	132067	Direct
2019-11-20	Common Stock	S	9451	$65.4320	Disposed	122616	Direct
2019-11-20	Common Stock	S	200	$66.055	Disposed	122416	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-19	Stock Option (right to buy)	$20.40	M	9782	Disposed	2026-02-15	Common Stock (9782)	Direct
2019-11-20	Stock Option (right to buy)	$20.40	M	4088	Disposed	2026-02-15	Common Stock (4088)	Direct
2019-11-20	Stock Option (right to buy)	$39.82	M	5563	Disposed	2027-02-15	Common Stock (5563)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.74 to $66.28. 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.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.03 to $66.03. 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.04 to $66.07. 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 stock options vest in three equal annual installments beginning on February 15, 2018.