BAXTER INTERNATIONAL INC — Director's Dealing 2015

May 7, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2015-05-05

Reporting Person: Devitt Blake E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-05	Common Stock, $1 par value	A	1650	—	Acquired	19892	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-05	Stock Option (Right to Buy)	$69.65	A	5810	Acquired	2025-05-05	Common Stock, $1 par value (5810)	Direct

Footnotes

F1: The reporting person received a grant of 1,650 restricted stock units which vest on the date of the 2016 annual meeting of shareholders.

F2: The date exercisable is the date of the 2016 annual meeting of shareholders.