Walmart Inc. — Director's Dealing 2016

Jan 28, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2016-01-25

Reporting Person: Foran Gregory S (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-25	Common	A	25611	—	Acquired	72513	Direct
2016-01-25	Common	A	15760	—	Acquired	88273	Direct

Footnotes

F1: Restricted stock granted January 25, 2016 that is scheduled to vest on January 25, 2019.

F2: Represents performance-based restricted stock eligible to vest 50% on January 31, 2017, and 50% on January 31, 2018. The vesting of these shares shall be conditioned upon achieving one or more performance goals to be established by the Compensation, Nominating and Governance Committee of the issuer's Board of Directors at a later date.