SEC Form 4 · accession 0001123292-15-000399
Walker & Dunlop, Inc. · WD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard C Warner
Officer — EVP & Chief Credit Officer
Period of report
Feb 15, 2015
Accepted (ET)
Feb 18, 2015 · 4:29 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, 2015 | A | 17,943 | $0.00 | A | 76,818 | D | |
| Common StockF2 | Feb 15, 2015 | A | 13,457 | $0.00 | A | 47,124 | I | By Spouse |
| Common StockF3 | Feb 15, 2015 | F | 1,420 | $16.72 | D | 75,398 | D | |
| Common StockF4 | Feb 15, 2015 | F | 1,597 | $16.72 | D | 45,527 | I | By Spouse |
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)F5 | $16.72 | Feb 15, 2015 | A | 16,949 | A | — | Feb 15, 2025 | Common Stock | 16,949 | 16,949 | D |
Explanation of responses
- F1Walker & Dunlop, Inc. (the "Company") granted these shares of restricted common stock to the reporting person, vesting ratably in three annual installments, approximately 1/3 on each anniversary date of grant over the next three years, under the Company's 2010 Equity Incentive Plan, as amended.
- F2The Company granted these shares of restricted common stock to the reporting person's spouse, an employee of the Company, vesting ratably in three annual installments, approximately 1/3 on each anniversary date of grant over the next three years, under the Company's 2010 Equity Incentive Plan, as amended.
- F3Represents shares of common stock withheld pursuant to the Walker & Dunlop, Inc. 2010 Equity Incentive Plan, as amended to satisfy Mr. Warner's tax obligation upon the vesting of restricted stock on February 15, 2015.
- F4Represents shares of common stock withheld pursuant to the Walker & Dunlop, Inc. 2010 Equity Incentive Plan, as amended to satisfy Mrs. Warner's tax obligation upon the vesting of restricted stock on February 15, 2015.
- F5The stock options were granted pursuant to the 2010 Equity Incentive Plan, as amended. The stock options vest ratably in three annual installments, approximately 1/3 on each anniversary date of grant over the next three years.