Walmart Inc. — Director's Dealing 2012

May 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2012-05-18

Reporting Person: Ford Rollin L. (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-18	Common Stock	M	4190	$47.26	Acquired	124069.059	Direct
2012-05-18	Common Stock	F	3615	$62.43	Disposed	120454.059	Direct
2012-05-21	Common Stock	G	575	—	Disposed	11523.526	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-18	Stock Options	$47.26	M	4190	Disposed	2017-03-11	Common Stock (4190)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2478.3797	Indirect
Common Stock	8415	Indirect

Footnotes

F1: These shares were acquired by the Reporting Person upon exercise of a stock option as reported on the preceding line 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 option and related tax withholding obligations. The Reporting Person retained ownership of the remaining shares issued upon exercise of the option.

F2: Balance adjusted to reflect shares acquired through the Wal-Mart Stores, Inc. 2004 Associate Stock Purchase Plan.

F3: Balance adjusted to reflect shares acquired through the Walmart 401(k) Plan.

F4: These options were exercisable in five equal installments beginning on March 12, 2008.