X0306 4 2016-01-25 0000104169 WAL MART STORES INC WMT 0001193485 ASHE NEIL 850 CHERRY AVENUE SAN BRUNO CA 94066 1 Executive Vice President Common 2016-01-25 4 A 0 27581 0 A 226155.575 D Common 2016-01-25 4 A 0 15760 0 A 241915.575 D Restricted stock granted on January 25, 2016 and scheduled to vest on January 25, 2019. Balance adjusted to reflect shares acquired through the Wal-Mart Stores, Inc. 2004 Associate Stock Purchase Plan. 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. /s/ Geoffrey W. Edwards, by Power of Attorney 2016-01-27