Walmart Inc. — Director's Dealing 2012

Nov 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2012-11-19

Reporting Person: Dach Leslie A (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-19	Common Stock	M	168805	$44.43	Acquired	331076	Direct
2012-11-19	Common Stock	M	31276	$47.96	Acquired	362352	Direct
2012-11-19	Common Stock	F	160676	$69.02	Disposed	201676	Direct
2012-11-20	Common Stock	S	10000	$68.8499	Disposed	191676	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-19	Stock Options	$44.43	M	168805	Disposed	2016-08-27	Common Stock (168805)	Direct
2012-11-19	Stock Options	$47.96	M	31276	Disposed	2017-01-21	Common Stock (31276)	Direct

Footnotes

F1: These shares were acquired by the Reporting Person upon the exercise of stock options as reported on the preceding two lines of this Form 4 but were withheld by the Issuer in satisfaction of the Reporting Person's obligation to pay the exercise price of the options and related tax withholding obligations. The Reporting Person retained ownership of the remaining shares issued upon the exercise of the options.

F2: The options became exercisable as follows: 40 percent on August 26, 2008; 35 percent on August 26, 2009; and 25 percent on August 26, 2011.

F3: The options became exercisable in five equal annual installments beginning on January 22, 2008.