BAXTER INTERNATIONAL INC — Director's Dealing 2016

Mar 7, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2016-03-03

Reporting Person: Schaaf Jill M (CVP, Renal)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-03	Common Stock, $1 par value	F	1437	$39.33	Disposed	48212	Direct
2016-03-04	Common Stock, $1 par value	F	215	$39.46	Disposed	47997	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-03	Stock Option (Right to Buy)	$39.33	A	89419	Acquired	2026-03-03	Common Stock, $1 par value (89419)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	829	Indirect

Footnotes

F1: Represents the number of shares forfeited by the reporting person to cover the payment of taxes incurred as a result of partial vesting of restricted stock granted on March 3, 2015.

F2: Represents the number of shares forfeited by the reporting person to cover the payment of taxes incurred as a result of partial vesting of restricted stock granted on March 4, 2014.

F3: The option becomes exercisable in three equal annual installments beginning on the first anniversary of the date of the grant.