BAXTER INTERNATIONAL INC — Director's Dealing 2012

Dec 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2012-12-05

Reporting Person: Devitt Blake E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-05	Common Stock, $1 par value	M	4830	$36.80	Acquired	20213	Direct
2012-12-05	Common Stock, $1 par value	M	5660	$38.93	Acquired	25873	Direct
2012-12-05	Common Stock, $1 par value	S	6156	$64.72	Disposed	19717	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-05	Stock Option (Right to Buy)	$36.80	M	4830	Disposed	2015-05-03	Common Stock, $1 par value (4830)	Direct
2012-12-05	Stock Option (Right to Buy)	$38.93	M	5660	Disposed	2016-05-09	Common Stock, $1 par value (5660)	Direct

Footnotes

F1: Price reflects weighted average sales price. Range of prices for transaction is $64.72 through $64.73. Full information regarding the number of shares sold at each separate price will be provided by the issuer upon request.