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: Furner John R. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-04	Common	M	1954	—	Acquired	34906.375	Direct
2017-04-04	Common	F	717	$71.83	Disposed	34189.375	Direct
2017-04-04	Common	D	1237	$71.83	Disposed	32952.375	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-04	Restricted Stock Units	$	M	1954	Disposed		Common (1954)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	1630.5985	Indirect

Footnotes

F1: The restricted stock units are the economic equivalent of an equal number of shares of common stock and are payable in the form of cash.

F2: Balance adjusted to reflect shares acquired through the Wal-Mart Stores, Inc. Associate Stock Purchase Plan.

F3: Represents stock units withheld to satisfy tax withholding obligations upon the vesting of cash-settled restricted stock units.

F4: The restricted stock units were the economic equivalent of an equal number of shares of common stock and were paid in the form of cash, less applicable tax withholding, upon their vesting on April 4, 2017.

F5: Balance adjusted to reflect shares acquired through the Walmart 401(k) Plan.