Walker & Dunlop, Inc. — Director's Dealing 2022

Feb 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2022-01-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-31	Common Stock	M	7793.248	—	Acquired	28578.618	Direct
2022-01-31	Common Stock	F	2885	$132.41	Disposed	25693.618	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-31	Deferred Stock Units	$	M	5050	Disposed		Common Stock (5050)	Direct
2022-01-31	Restricted Stock Units	$	M	2525	Disposed		Common Stock (2525)	Direct
2022-01-31	Dividend Equivalent Rights	$	M	218.248	Disposed		Common Stock (218.248)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Indirect
Common Stock	38219	Indirect

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, 2022 pursuant to the Walker & Dunlop, Inc. Management Deferred Stock Unit Purchase Plan.

F3: Each restricted stock unit represents the right to receive one share of common stock of the Issuer.

F4: The restricted stock units were settled in shares of the Issuer's common stock on January 31, 2022.

F5: 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. Each dividend equivalent right is the economic equivalent of one share of common stock of the Issuer.