BAXTER INTERNATIONAL INC — Director's Dealing 2009

Feb 13, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2009-02-12

Reporting Person: STALLKAMP THOMAS T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-12	Common Stock, $1 par value	M	5760	$32.22	Acquired	25741	Direct
2009-02-12	Common Stock, $1 par value	M	4830	$36.80	Acquired	30571	Direct
2009-02-12	Common Stock, $1 par value	S	10590	$58.52	Disposed	19981	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-12	Stock Option (Right to Buy)	$32.22	M	5760	Disposed	2014-05-02	Common Stock, $1 par value (5760)	Direct
2009-02-12	Stock Option (Right to Buy)	$36.80	M	4830	Disposed	2015-05-04	Common Stock, $1 par value (4830)	Direct