SEC Form 4 · accession 0001127602-17-026381
Walmart Inc. · WMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim C Walton
10% Owner
Period of report
Aug 21, 2017
Accepted (ET)
Aug 23, 2017 · 9:02 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 21, 2017 | J | 6,245,000 | $0.00 | D | 107,595,144 | I | By Trust |
| Common StockF2 | Aug 21, 2017 | J | 1,875,000 | $0.00 | A | 12,382,224 | D | |
| Common StockF3 | Aug 21, 2017 | S | 31,546 | $80.0101 | D | 107,563,598 | I | By Trust |
| Common StockF4,F5 | Aug 22, 2017 | S | 442,496 | $80.0421 | D | 107,121,102 | I | By Trust |
| Common StockF6 | Aug 22, 2017 | G | 1,875,000 | $0.00 | D | 10,507,224 | D | |
| Common StockF7 | holding | — | — | — | 1,415,891,131 | I | By Limited Liability Company |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction is a distribution of 6,245,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to certain beneficiaries of the Trust (the "Distribution").
- F2The transaction is the receipt of 1,875,000 shares of Common Stock, for no consideration, in the Distribution.
- F3This sale from the Trust was executed in multiple trades at prices ranging from $80.00 to $80.06, inclusive. The price reported above reflects the weighted average sales price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F4This sale from the Trust was executed in multiple trades at prices ranging from $80.00 to $80.15, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F5The reporting person is a trustee of the Trust, the entity that owns 107,121,102 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by the Trust except to the extent of his pecuniary interest therein.
- F6On August 22, 2017, the reporting person made a charitable gift of 1,875,000 shares of Common Stock.
- F7The reporting person is a member of Walton Enterprises, LLC, the entity that owns 1,415,891,131 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein.