BAXTER INTERNATIONAL INC — Director's Dealing 2013

Jul 26, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2013-07-24

Reporting Person: Scharf David P. (Corporate Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-24	Common Stock, $1 par value	M	12000	$51.21	Acquired	29425	Direct
2013-07-24	Common Stock, $1 par value	M	13680	$52.50	Acquired	43105	Direct
2013-07-24	Common Stock, $1 par value	M	39702	$53.80	Acquired	82807	Direct
2013-07-24	Common Stock, $1 par value	S	53422	$73.81	Disposed	29385	Direct
2013-07-26	Common Stock, $1 par value	S	2016	$73.17	Disposed	27369	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-24	Stock Option (Right to Buy)	$51.21	M	12000	Acquired	2017-03-15	Common Stock, $1 par value (12000)	Direct
2013-07-24	Stock Option (Right to Buy)	$52.50	M	13680	Acquired	2019-03-04	Common Stock, $1 par value (13680)	Direct
2013-07-24	Stock Option (Right to Buy)	$53.80	M	39702	Acquired	2021-03-04	Common Stock, $1 par value (39702)	Direct

Footnotes

F1: Price reflects weighted average sales price. Range of prices for transactions are $73.51 through $74.50. Full information regarding the number of shares sold at each separate price will be provided by the issuer upon request.

F2: Shares all sold at same price. A total of 9,944 shares were retained from exercise of options by reporting person.

F3: The options become exercisable in three equal annual installments beginning on the first anniversary of the date of grant.