SEC Form 4 · accession 0001127602-17-035570
Walmart Inc. · WMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc E. Lore
Officer — Executive Vice President
Period of report
Dec 28, 2017
Accepted (ET)
Dec 28, 2017 · 5:12 pm EST
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 | Dec 26, 2017 | F | 23,035 | $98.21 | D | 3,323,214 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents stock units withheld to satisfy tax withholding obligations upon the partial vesting of previously reported 3,554,093 restricted stock units (the "RSUs") that were granted to the Reporting Person on September 19, 2016, in connection with, and in consideration of, the Issuer's acquisition of Jet.com, Inc. and the Reporting Person becoming an employee and executive officer of the Issuer. The Reporting Person cannot exercise voting rights over the remaining portion of the unvested RSUs.