BAXTER INTERNATIONAL INC — Director's Dealing 2016

Jun 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2016-06-06

Reporting Person: HELLMAN PETER S (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-06	Deferred Comp Plan Baxter Common Stock Fund	$	A	94	Acquired		Common Stock, $1 par value (94)	Direct

Footnotes

F1: 1 for 1.

F2: In connection with the June 3, 2016 merger of a wholly-owned subsidiary of Shire plc with and into Baxalta Incorporated ("Baxalta"), with Baxalta as the surviving company, the reporting person received, or was deemed to receive, cash merger consideration with respect to investments previously deferred under Baxter's Directors' Deferred Compensation Plan and allocated to the Baxalta Common Stock Fund notional investment alternative. A portion of such cash merger consideration was allocated to the Baxter Common Stock Fund notional investment alternative.