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Walmart Inc. Director's Dealing 2008

Dec 9, 2008

29743_dirs_2008-12-09_4bb801bf-2ad3-41be-bd3b-26d036cdadf0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2008-12-05

Reporting Person: Scott H Lee Jr (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-12-05 Common Stock M 70220 $39.875 Acquired 1324108.378 Direct
2008-12-05 Common Stock F 59337 $55.30 Disposed 1264771.378 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-12-05 Stock Options $39.875 M 70220 Disposed 2009-01-13 Common Stock (70220) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 26276.6463 Indirect
Common Stock 3148 Indirect

Footnotes

F1: Represents the shares sold to pay the exercise price and satisfy tax withholding obligations upon the exercise of options to purchase 70,220 shares. The remaining shares were held by the reporting person, resulting in a net increase in the reporting person's holdings of 10,883 shares.

F2: Balance adjusted to reflect shares acquired through the Wal-Mart Stores, Inc. Associate Stock Purchase Plan.

F3: Balance adjusted to reflect shares acquired through the Wal-Mart Stores, Inc. Profit Sharing and 401(k) Plan.

F4: This option became exercisable in 7 equal installments beginning on January 14, 2000.