BAXTER INTERNATIONAL INC — Director's Dealing 2012

Mar 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2012-03-15

Reporting Person: STALLKAMP THOMAS T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-15	Common Stock, $1 par value	M	15000	$55.60	Acquired	38978	Direct
2012-03-15	Common Stock, $1 par value	S	15000	$59.73	Disposed	23978	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-15	Stock Option (Right to Buy)	$55.60	M	15000	Disposed	2012-05-07	Common Stock, $1 par value (15000)	Direct

Footnotes

F1: Price reflects weighted average sales price. Range of prices for transaction is $59.68 through $59.79. Full information regarding the number of shares sold at each separate price will be provided by the issuer upon request.