BAXTER INTERNATIONAL INC — Director's Dealing 2013

Jan 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2013-01-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-16	Common Stock, $1 par value	A	3424	—	Acquired	18698	Direct
2013-01-16	Common Stock, $1 par value	F	1163	$66.52	Disposed	17535	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	4480	Indirect

Footnotes

F1: These shares represent the payout from performance share units granted on March 3, 2010 pursuant to the Company's Equity Plan adopted as of such date. The number of shares represents 65% of the performance share units granted based on the Company's growth in shareholder value during the performance period of January 1, 2010 through December 31, 2012 as measured against the growth in shareholder value of the companies in the applicable healthcare peer group during the same period.