Howard W. Smith III - 15 Feb 2022 Form 4 Insider Report for Walker & Dunlop, Inc. (WD)

Role
President, Director
Signature
/s/ Daniel J. Groman, Attorney-in-fact
Issuer symbol
WD
Transactions as of
15 Feb 2022
Net transactions value
-$2,880,248
Form type
4
Filing time
17 Feb 2022, 15:31:08 UTC
Previous filing
01 Dec 2021
Next filing
14 Mar 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 Award $0 +36,527 +25% $0.000000 185,271 15 Feb 2022 Direct F1
transaction WD Common Stock Award $0 +5,815 +3.1% $0.000000 191,086 15 Feb 2022 Direct F2
transaction WD Common Stock Tax liability $2,302,242 -16,474 -8.6% $139.75 174,612 15 Feb 2022 Direct
transaction WD Common Stock Tax liability $578,006 -4,136 -2.4% $139.75 170,476 15 Feb 2022 Direct
holding WD Common Stock 312,321 15 Feb 2022 The HIII 2011 Trust
holding WD Common Stock 4,764 15 Feb 2022 As Custodian for Daughter 1
holding WD Common Stock 4,764 15 Feb 2022 By ADS 2015 Trust
holding WD Common Stock 4,560 15 Feb 2022 By HWS IV 2012 Trust
holding WD Common Stock 4,764 15 Feb 2022 By MHS 2010 Trust
holding WD Common Stock 4,422 15 Feb 2022 By MMAS 2008 Trust

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 Deferred Stock Units Award $0 +2,454 $0.000000 2,454 15 Feb 2022 Common Stock 2,454 Direct F3, F4
transaction WD Restricted Stock Units Award $0 +1,227 $0.000000 1,227 15 Feb 2022 Common Stock 1,227 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 2, 2019, the reporting person was granted an award of performance share units, which vest in the form of common stock if certain pre-established performance goals underlying the award are met over the course of a three-year period. On February 15, 2022, the Compensation Committee of the Issuer's Board of Directors certified the level at which the performance goals had been met, resulting in the vesting of these shares.
F2 The restricted stock vests in three equal annual installments beginning on February 15, 2023.
F3 Each deferred stock unit represents the right to receive one share of common stock of the Issuer.
F4 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 Management Deferred Stock Unit Purchase Plan, as amended (the "Plan"), or (ii) as otherwise provided by the Plan.
F5 Each restricted stock unit represents the right to receive one share of common stock of the Issuer.
F6 The restricted stock units will be settled in shares of the Issuer's common stock on a date selected by the reporting person pursuant to the Plan, subject to vesting acceleration pursuant to the Plan.