Walmart Inc. — Director's Dealing 2016

Dec 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2016-12-14

Reporting Person: Penner Gregory Boyd (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-14	Common Stock	J	550000	—	Acquired	580220	Indirect
2016-12-16	Common Stock	G	550000	—	Disposed	30220	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	41609.7158	Direct
Common Stock	1357974	Indirect

Footnotes

F1: The transaction is the receipt of 550,000 shares of Common Stock by the reporting person's spouse, for no consideration, in a distribution by the Walton Family Holdings Trust (the "Trust") to certain beneficiaries of the Trust.

F2: On December 16, 2016, the reporting person's spouse made a charitable gift of 550,000 shares of Common Stock.