BAXTER INTERNATIONAL INC — Director's Dealing 2018

May 23, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2018-05-22

Reporting Person: Shapazian Carole J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-22	Common Stock, $1 par value	M	3930	$36.93	Acquired	16442	Direct
2018-05-22	Common Stock, $1 par value	S	6594	$71.79	Disposed	9848	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-22	Stock Option (Right to Buy)	$36.93	M	3930	Disposed	2023-05-05	Common Stock, $1 par value (3930)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	6120	Indirect

Footnotes

F1: Price reflects weighted average sales price. Range of prices for transactions are $71.77 through $71.80. Full information regarding the number of shares sold at each separate price will be provided by Baxter International Inc. upon request.