BAXTER INTERNATIONAL INC — Director's Dealing 2012

Jan 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2012-01-03

Reporting Person: GAVIN JAMES R III (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-03	Deferred Comp Plan Baxter Stock Fund	$	I	361	Disposed		Common Stock, $1 par value (361)	Direct

Footnotes

F1: 1-for-1

F2: Reporting person rebalancing of deferred compensation allocation percentage to the Baxter Common Stock Fund under Baxter's Non-Employee Director Deferred Compensation Plan . Reporting person's account balance is payable subject to the terms of the Plan.