Walker & Dunlop, Inc. — Director's Dealing 2020

Feb 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2020-01-31

Reporting Person: THEOBALD STEPHEN P (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-31	Common Stock	M	9050.369	—	Acquired	85026.369	Direct
2020-01-31	Common Stock	F	4159	$66.37	Disposed	80867.369	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-31	Deferred Stock Units	$	M	8970	Disposed		Common Stock (8970)	Direct
2020-01-31	Dividend Equivalent Rights	$	M	80.369	Disposed		Common Stock (80.369)	Direct

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 January 31, 2020 pursuant to the Walker & Dunlop, Inc. Management Deferred Stock Unit Purchase Plan.

F3: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F4: The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.