Walmart Inc. — Director's Dealing 2016

Jun 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2016-06-03

Reporting Person: Penner Gregory Boyd (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-03	Common Stock	A	3880	—	Acquired	40044.6361	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1357974	Indirect
Common Stock	30220	Indirect

Footnotes

F1: Represents annual equity grant as part of the Reporting Person's non-management director compensation. The receipt of these shares was deferred to a future date under an election made in a prior year.

F2: Balance adjusted to reflect phantom shares acquired as dividend equivalents on deferred stock.