BAXTER INTERNATIONAL INC — Director's Dealing 2010

Apr 9, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2010-04-01

Reporting Person: Batchelor Phillip L. (Corporate Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	16755	Direct
Common Stock, $1 par value	775	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Deferred Comp Plan Baxter Stock Fund	$58.23		Common Stock, $1 par value (1307)		Direct
Stock Option (Right to Buy)	$45.19	2011-02-25	Common Stock, $1 par value (5800)		Direct
Stock Option (Right to Buy)	$45.52	2011-02-25	Common Stock, $1 par value (200)		Direct
Stock Option (Right to Buy)	$54.86	2012-02-24	Common Stock, $1 par value (5000)		Direct
Stock Option (Right to Buy)	$30.06	2012-11-16	Common Stock, $1 par value (5850)		Direct
Stock Option (Right to Buy)	$27.13	2013-11-18	Common Stock, $1 par value (5850)		Direct
Stock Option (Right to Buy)	$34.85	2015-03-13	Common Stock, $1 par value (18000)		Direct
Stock Option (Right to Buy)	$38.35	2016-03-14	Common Stock, $1 par value (24000)		Direct
Stock Option (Right to Buy)	$51.21	2017-03-15	Common Stock, $1 par value (3500)		Direct
Stock Option (Right to Buy)	$51.21	2017-03-15	Common Stock, $1 par value (3500)		Direct
Stock Option (Right to Buy)	$51.21	2017-03-15	Common Stock, $1 par value (3500)		Direct
Stock Option (Right to Buy)	$58.12	2018-03-05	Common Stock, $1 par value (3333)		Direct
Stock Option (Right to Buy)	$58.12	2018-03-05	Common Stock, $1 par value (3333)		Direct
Stock Option (Right to Buy)	$58.12	2018-03-05	Common Stock, $1 par value (3334)		Direct
Stock Option (Right to Buy)	$52.50	2019-03-04	Common Stock, $1 par value (3120)		Direct
Stock Option (Right to Buy)	$52.50	2019-03-04	Common Stock, $1 par value (3120)		Direct
Stock Option (Right to Buy)	$52.50	2019-03-04	Common Stock, $1 par value (3120)		Direct
Stock Option (Right to Buy)	$59.00	2020-03-03	Common Stock, $1 par value (6205)		Direct
Stock Option (Right to Buy)	$59.00	2020-03-03	Common Stock, $1 par value (6205)		Direct
Stock Option (Right to Buy)	$59.00	2020-03-03	Common Stock, $1 par value (6205)		Direct

Footnotes

F1: Reporting person allocated compensation deferred under Baxter's Deferred Compensation Plan to the Baxter Common Stock Fund notional investment alternative. Reporting person's account balance is payable subject to the terms of the Plan.