SEC Form 4 · accession 0001104659-17-010205
Walker & Dunlop, Inc. · WD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William M Walker
Officer — Chairman & CEO · Director
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 4:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001497770
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 15, 2017 | A | 13,937 | $0.00 | A | 1,362,280 | D | |
| Common StockF2 | Feb 15, 2017 | A | 166,971 | $0.00 | A | 1,529,251 | D | |
| Common Stock | Feb 15, 2017 | F | 85,585 | $39.82 | D | 1,443,666 | D | |
| Common Stock | holding | — | — | — | 3,365 | I | As Custodian for Son 1 | |
| Common Stock | holding | — | — | — | 3,365 | I | As Custodian for Son 2 | |
| Common Stock | holding | — | — | — | 3,365 | I | As Custodian for Son 3 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $39.82 | Feb 15, 2017 | A | 48,064 | A | — | Feb 15, 2027 | Common Stock | 48,064 | 48,064 | D |
Explanation of responses
- F1The restricted stock vests in three equal annual installments beginning on the first anniversary of the grant date.
- F2On March 28, 2014, 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, 2017, the Compensation Committee of the Issuer's Board of Directors determined that the performance goals had been met, resulting in the vesting of these shares.
- F3The stock options vest in three equal annual installments beginning on the first anniversary of the grant date.