Walmart Inc. — Director's Dealing 2017

May 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2017-05-30

Reporting Person: Gearhart Jeffrey J (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-30	Common Stock	F	4869	$78.13	Disposed	111485.309	Direct
2017-05-30	Common Stock	G	1600	—	Disposed	109885.309	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1119.605	Indirect

Footnotes

F1: Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.

F2: On May 30, 2017, the Reporting Person made a charitable gift of 1,600 shares.