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BAXTER INTERNATIONAL INC — Director's Dealing 2015
Jul 7, 2015
30537_dirs_2015-07-06_9b54aa66-5251-45f8-8020-b8a09c29f939.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2015-07-01
Reporting Person: CHOWDHRY UMA (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-07-01 | Common Stock, par value $1.00 per share | J | 1414 | $0.00 | Acquired | 7138 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-07-01 | Stock Option (Right to Buy) | $37.50 | J | 4979 | Acquired | 2025-05-05 | Common Stock, par value $1.00 per share (4979) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $35.03 | 2022-11-12 | Common Stock, par value $1.00 per share (1680) | 1680 | Direct |
| Stock Option (Right to Buy) | $36.93 | 2023-05-07 | Common Stock, par value $1.00 per share (3930) | 3930 | Direct |
| Stock Option (Right to Buy) | $39.83 | 2024-05-06 | Common Stock, par value $1.00 per share (4110) | 4110 | Direct |
Footnotes
F1: In connection with the spin-off (the "Spin-off") of Baxalta Incorporated ("Baxalta") from Baxter International Inc. ("Baxter"), the reporting person received a grant of 1,414 restricted stock units as a result of the adjustment of existing Baxter restricted stock units held by the reporting person prior to the Spin-off. The restricted stock units were deferred under the Baxter Non-Employee Director Deferred Compensation Plan and will vest within the first 90 days of the plan year in which membership on the Board terminates.
F2: Represents options to purchase Baxter common stock awarded to the reporting person prior to the Spin-off. In connection with the Spin-off, the exercise price of the option was adjusted, and the reporting person received options to purchase shares of Baxalta common stock, to preserve the pre-Spin-off intrinsic value of the existing Baxter option award.
F3: This option is presently exercisable in full.
F4: In connection with the Spin-off, the number of shares subject to this option and the exercise price have been adjusted to preserve the pre-Spin-off intrinsic value of the existing Baxter option award.
F5: The date exercisable is the date of the Baxter 2016 annual meeting of shareholders.