Walmart Inc. — Director's Dealing 2011

Dec 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2011-12-08

Reporting Person: WALTON S ROBSON (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-08	Common Stock	J	70615608	—	Disposed	1609891131	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2781783	Direct
Common Stock	490088	Indirect
Common Stock	63517.2755	Indirect

Footnotes

F1: Such Common Stock was distributed in a redemption of a membership interest in Walton Enterprises, LLC, the entity that owns the reported securities. The closing price of such Common Stock on the date of distribution was $57.98 per share.

F2: The reporting person is a member of Walton Enterprises, LLC, the entity that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein.

F3: The reporting person is a trustee of a trust that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.

F4: Represents shares held through the Walmart 401(k) Plan, as amended and restated, in which the reporting person is a participant. The information reported herein is based on a plan statement dated December 7, 2011.