WD

SEC source: 0001104659-18-042612 · a4.xml · derivative · entry 7

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,000

Underlying: Common Stock · 15,496 shares

Expires 2024-02-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-042612 · a4.xml · derivative · entry 6

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,504 shares

Expires 2023-04-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-042612 · a4.xml · nonDerivative · entry 5

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,870

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2018.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.85 to $58.56. 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.

SEC source: 0001104659-18-042612 · a4.xml · nonDerivative · entry 4

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,198

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2018.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.48 to $57.84. 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.

SEC source: 0001104659-18-042612 · a4.xml · nonDerivative · entry 3

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 127,968

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2018.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.04 to $57.47. 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.

SEC source: 0001104659-18-042612 · a4.xml · nonDerivative · entry 2

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 133,870

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-042612 · a4.xml · nonDerivative · entry 1

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,374

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-039213 · a4.xml · nonDerivative · entry 1

Bowers Alan J · CIK 0001503849 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,732.2101

SEC source: 0001104659-18-038941 · a4.xml · derivative · entry 1

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88.5117

Underlying: Common Stock · 42.0095 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and will vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and will vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-18-038939 · a4.xml · derivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 193.9637

Underlying: Common Stock · 92.0593 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and will vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and will vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-18-038940 · a4.xml · derivative · entry 1

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80.1883

Underlying: Common Stock · 31.1648 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and will vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and will vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-18-038938 · a4.xml · derivative · entry 1

Walker William M · CIK 0001503841 · Director · Chairman & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 89.9264

Underlying: Common Stock · 42.681 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and will vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person and will vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-18-038937 · a4.xml · derivative · entry 1

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spouse

Disclosed balance after: 33.363

Underlying: Common Stock · 15.8348 shares

Expires not disclosed

F1 · derivative.exercise_price: Each dividend equivalent right is the economic equivalent of one share of common stock of the Company.

F2 · derivative.exercise_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person's spouse and will vest proportionately with the restricted stock units to which they relate.

F2 · derivative.expiration_date: The dividend equivalent rights accrued on restricted stock units held by the reporting person's spouse and will vest proportionately with the restricted stock units to which they relate.

SEC source: 0001104659-18-038622 · a4.xml · derivative · entry 4

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,504

Underlying: Common Stock · 20,000 shares

Expires 2023-04-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-038622 · a4.xml · nonDerivative · entry 3

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,870

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2018.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.40 to $57.57. 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.

SEC source: 0001104659-18-038622 · a4.xml · nonDerivative · entry 2

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 117,228

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2018.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.39 to $57.38. 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.

SEC source: 0001104659-18-038622 · a4.xml · nonDerivative · entry 1

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 133,870

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 10

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,645

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 25, 2018.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.99 to $57.19. 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.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 9

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,145

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 25, 2018.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.95 to $56.93. 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.

SEC source: 0001104659-18-038029 · a4.xml · nonDerivative · entry 1

Smith Howard W III · CIK 0001503844 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 681,406

F1 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2017.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.00 to $56.60. 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.

SEC source: 0001104659-18-038027 · a4.xml · nonDerivative · entry 3

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,891

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.98 to $56.59. 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.

SEC source: 0001104659-18-037663 · a4.xml · derivative · entry 17

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,470

Underlying: Common Stock · 4,078 shares

Expires 2023-04-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · derivative · entry 16

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,431

Underlying: Common Stock · 3,238 shares

Expires 2022-04-30

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · derivative · entry 15

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,750

Underlying: Common Stock · 2,124 shares

Expires 2021-03-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 8

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,959

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 7

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,881

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 6

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,643

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-038027 · a4.xml · nonDerivative · entry 2

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,891

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.94 to $57.20. 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.

SEC source: 0001104659-18-038027 · a4.xml · nonDerivative · entry 1

THEOBALD STEPHEN P · CIK 0001507723 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,791

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.93 to $56.93. 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.

SEC source: 0001104659-18-037663 · a4.xml · derivative · entry 14

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,548

Underlying: Common Stock · 4,078 shares

Expires 2023-04-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · derivative · entry 13

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,669

Underlying: Common Stock · 3,238 shares

Expires 2022-04-30

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · derivative · entry 12

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,874

Underlying: Common Stock · 2,126 shares

Expires 2021-03-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 5

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,519

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 25, 2018.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.49 to $57.61. 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.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 4

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,264

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 25, 2018.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.48 to $57.48. 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.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 3

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,837

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 2

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 75,759

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-037663 · a4.xml · nonDerivative · entry 1

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,521

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-035501 · a4.xml · derivative · entry 3

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,504

Underlying: Common Stock · 8,122 shares

Expires 2023-04-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-035501 · a4.xml · nonDerivative · entry 2

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,870

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2018.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.87 to $56.41. 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.

SEC source: 0001104659-18-035501 · a4.xml · nonDerivative · entry 1

Lucas Richard M · CIK 0001503845 · EVP & Gen Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 121,992

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-034520 · a4.xml · derivative · entry 4

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,000

Underlying: Common Stock · 7,000 shares

Expires 2021-03-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-034520 · a4.xml · nonDerivative · entry 2

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,395

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2018.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.35 to $55.30. 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.

SEC source: 0001104659-18-034520 · a4.xml · nonDerivative · entry 1

Warner Richard C · CIK 0001503839 · EVP & Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,395

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001104659-18-032998 · a4.xml · derivative · entry 2

SCHMALTZ DANA L · CIK 0001104397 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,059

Underlying: Common Stock · 2,059 shares

Expires not disclosed

F2 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F3 · derivative.exercise_date: The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F3 · derivative.expiration_date: The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-18-032998 · a4.xml · nonDerivative · entry 1

SCHMALTZ DANA L · CIK 0001104397 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,773

F1 · shares: Represents shares of common stock granted to the reporting person, which are subject to the terms of the Walker & Dunlop, Inc. 2015 Equity Incentive Plan. The shares of restricted common stock vest on the one-year anniversary of the grant date.

SEC source: 0001104659-18-032999 · a4.xml · derivative · entry 1

Hallenbeck Cynthia A · CIK 0001503846 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,790

Underlying: Common Stock · 1,790 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F2 · derivative.exercise_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F2 · derivative.expiration_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-18-032997 · a4.xml · derivative · entry 1

Malone Michael D · CIK 0001421021 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,790

Underlying: Common Stock · 1,790 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F2 · derivative.exercise_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F2 · derivative.expiration_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-18-032995 · a4.xml · derivative · entry 1

Warren Michael J. · CIK 0001698331 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,790

Underlying: Common Stock · 1,790 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F2 · derivative.exercise_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F2 · derivative.expiration_date: The deferred stock units vest on the one-year anniversary of the grant date and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-18-032993 · a4.xml · derivative · entry 2

Bowers Alan J · CIK 0001503849 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,241

Underlying: Common Stock · 1,343 shares

Expires not disclosed

F2 · derivative.exercise_price: Each deferred stock unit represents the right to receive one share of common stock of the Issuer.

F3 · derivative.exercise_date: The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

F3 · derivative.expiration_date: The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock either (i) on a date selected by the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"), or (ii) as otherwise provided by the Plan.

SEC source: 0001104659-18-032993 · a4.xml · nonDerivative · entry 1

Bowers Alan J · CIK 0001503849 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,604.1435

F1 · shares: Represents shares of common stock granted to the reporting person, which are subject to the terms of the Walker & Dunlop, Inc. 2015 Equity Incentive Plan. The shares of restricted common stock vest on the one-year anniversary of the grant date.