BAXTER INTERNATIONAL INC — Director's Dealing 2004

Aug 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2004-08-02

Reporting Person: AMUNDSON JOY A (Corporate Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-02	Common Stock, $1 par value	A	9000	—	Acquired	10075	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-02	Stock Option (Right to Buy)	$30.32	A	60000	Acquired	2014-08-01	Common Stock, $1 par value (60000)	Direct

Footnotes

F1: On August 2, 2004, the reporting person received a grant of 9,000 restricted shares of common stock which vest as follows: 3,000 shares on August 2, 2005, 3000 shares on August 2, 2006, and 3000 shares on August 2, 2007.