Walmart Inc. — Director's Dealing 2017

Apr 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2017-04-04

Reporting Person: Foran Gregory S (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-04	Common	M	2605	—	Acquired	171111	Direct
2017-04-04	Common	F	115	$71.83	Disposed	170996	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-04	Restricted Stock Units	$	M	2605	Disposed		Common (2605)	Direct

Footnotes

F1: Represents cash-settled restricted stock units that vested on April 4, 2017, but which were deferred in the form of stock units until a later date.

F2: Represents stock units withheld to satisfy tax withholding obligations upon the vesting of cash-settled restricted stock units. While the remaining units are to be settled in cash, settlement has been deferred to a future date, at which time the units will settle for an amount of cash equal to the then value of an equal number of shares of common stock.