Walmart Inc. - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2011-12-20

Reporting Person: Scott H Lee Jr (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-20	Common Stock	M	605327	$51.92	Acquired	1212066.4782	Direct
2011-12-20	Common Stock	M	630413	$52.12	Acquired	1842479.4782	Direct
2011-12-20	Common Stock	M	339001	$53.35	Acquired	2181480.4782	Direct
2011-12-20	Common Stock	F	1458385	$59.19	Disposed	723095.4782	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-20	Stock Option	$51.92	M	605327	Disposed	2013-01-08	Common Stock (605327)	Direct
2011-12-20	Stock Option	$52.12	M	630413	Disposed	2014-01-04	Common Stock (630413)	Direct
2011-12-20	Stock Option	$53.35	M	339001	Disposed	2015-01-02	Common Stock (339001)	Direct

Security	Shares	Ownership
Common Stock	3148	Indirect

F1: Represents shares withheld to satisfy the exercise price and tax withholding obligations pertaining to the exercise of stock options.

F2: These options were exercisable in five annual installments beginning on January 9, 2004.

F3: These options were exercisable in five annual installments beginning on January 5, 2005.

F4: These options were exercisable in five annual installments beginning on January 3, 2006.