Walker & Dunlop, Inc. — Director's Dealing 2021

Feb 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2021-02-18

Reporting Person: Walker William M (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-18	Common Stock	M	48064	$39.82	Acquired	1617935	Direct
2021-02-18	Common Stock	S	24790	$100.0432	Disposed	1593145	Direct
2021-02-18	Common Stock	S	17024	$101.0075	Disposed	1576121	Direct
2021-02-18	Common Stock	S	4650	$101.9199	Disposed	1571471	Direct
2021-02-18	Common Stock	S	1600	$102.7161	Disposed	1569871	Direct
2021-02-19	Common Stock	S	714	$98.7136	Disposed	1569157	Direct
2021-02-19	Common Stock	S	1211	$99.9423	Disposed	1567946	Direct
2021-02-19	Common Stock	S	4664	$101.3387	Disposed	1563282	Direct
2021-02-19	Common Stock	S	12046	$102.0419	Disposed	1551236	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-18	Stock Option	$39.82	M	48064	Disposed	2027-02-15	Common Stock (48064)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3955	Indirect
Common Stock	3955	Indirect
Common Stock	3955	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $99.60 to $100.60. 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 $100.61 to $101.60. 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 $101.605 to $102.58. 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 $102.64 to $102.86. 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 $98.41 to $99.25. 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.

F6: The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $99.54 to $100.405. 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.

F7: The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $100.74 to $101.74. 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.

F8: The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $101.75 to $102.46. 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.