Stephen P. Theobald - 01 Dec 2022 Form 4 Insider Report for Walker & Dunlop, Inc. (WD)

Role: EVP & Chief Operating Officer
Signature: /s/ Daniel J. Groman, Attorney-in-fact
Issuer symbol: WD
Transactions as of: 01 Dec 2022
Net transactions value: -$743,633
Form type: 4
Filing time: 02 Dec 2022, 16:00:46 UTC
Previous filing: 07 Sep 2022
Next filing: 13 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WD	Common Stock	Options Exercise	$170,500	+10,000	+23%	$17.05^*	53,699	01 Dec 2022	Direct
transaction	WD	Common Stock	Sale	$914,133	-10,000	-19%	$91.41	43,699	01 Dec 2022	Direct	F1
holding	WD	Common Stock						38,219	01 Dec 2022	By Family LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WD	Stock Options (right to buy)	Options Exercise	$0	-10,000	-32%	$0.000000	21,496	01 Dec 2022	Common Stock	10,000	$17.05	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.07 to $91.718. 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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.07 to $91.718. 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.