BAXTER INTERNATIONAL INC — Director's Dealing 2014

May 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2014-05-06

Reporting Person: HELLMAN PETER S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-06	Common Stock, $1 par value	A	1490	—	Acquired	14371	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-06	Stock Option (Right to Buy)	$73.97	A	4110	Acquired	2024-05-06	Common Stock, $1 par value (4110)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	560	Indirect

Footnotes

F1: The reporting person received a grant of 1,490 restricted stock units which vest on the date of the 2015 annual meeting of shareholders.

F2: The date exercisable is the date of the 2015 annual meeting of shareholders.