SEC Form 4 · accession 0001127602-16-056907
Walmart Inc. · WMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rosalind G Brewer
Officer — Executive Vice President
Period of report
Jun 29, 2016
Accepted (ET)
Jul 1, 2016 · 5:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000104169
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Jun 29, 2016 | M | 8,071 | $48.32 | A | 285,749 | D | |
| CommonF1 | Jun 29, 2016 | M | 2,723 | $47.26 | A | 288,472 | D | |
| CommonF2 | Jun 29, 2016 | S | 10,794 | $71.65 | D | 277,678 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $48.32 | Jun 29, 2016 | M | 8,071 | D | — | Oct 14, 2016 | Common Stock | 8,071 | 0 | D |
| Stock OptionF4 | $47.26 | Jun 29, 2016 | M | 2,723 | D | — | Mar 11, 2017 | Common Stock | 2,723 | 0 | D |
Explanation of responses
- F1These shares were acquired by the Reporting Person upon the exercise of stock options as reported in Table II of this Form 4. A portion of the proceeds from the sale of these shares was used to cover the exercise price and applicable tax withholding, fees, and commissions. The Reporting Person elected to receive the remainder of the proceeds of the sale of the resulting 10,794 shares in the form of cash. Therefore, there was no net increase or reduction in the Reporting Person's share ownership.
- F2These shares were acquired by the Reporting Person upon the exercise of stock options as reported in Table II of this Form 4. A portion of the proceeds from the sale of these shares was used to cover the exercise price and applicable tax withholding, fees, and commissions. The Reporting Person elected to receive the remainder of the proceeds of the sale of the resulting 10,794 shares in the form of cash. Therefore, there was no net increase or reduction in the Reporting Person's share ownership.
- F3These options became exercisable in five equal annual installments beginning on October 16, 2007.
- F4These options became exercisable in five equal annual installments beginning on March 12, 2008.