Walker & Dunlop, Inc. — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walker & Dunlop, Inc. (WD)
CIK: 0001497770
Period of Report: 2023-03-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-15	Common Stock	M	6813.116	—	Acquired	155678.619	Direct
2023-03-15	Common Stock	F	1899	$77.93	Disposed	153779.619	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-15	Deferred Stock Units	$	M	4442	Disposed		Common Stock (4442)	Direct
2023-03-15	Restricted Stock Units	$	M	2221	Disposed		Common Stock (2221)	Direct
2023-03-15	Dividend Equivalent Rights	$	M	150.116	Disposed		Common Stock (150.116)	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 March 15, 2023 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 March 15, 2023.

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 the common stock of the Issuer.