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BAXTER INTERNATIONAL INC — Director's Dealing 2022
Mar 4, 2022
30537_dirs_2022-03-04_003dedec-6b72-49c4-8734-84bcd7bb840f.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: 2022-02-28
Reporting Person: Stevens Brian (SVP, CAO and Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-28 | Common Stock, $1 par value | F | 172 | $84.97 | Disposed | 13839 | Direct |
| 2022-03-02 | Common Stock, $1 par value | A | 3567 | — | Acquired | 17406 | Direct |
| 2022-03-02 | Common Stock, $1 par value | A | 8918 | — | Acquired | 26324 | Direct |
| 2022-03-03 | Common Stock, $1 par value | F | 172 | $85.19 | Disposed | 26151 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-02 | Stock Option (Right to Buy) | $85.23 | A | 8269 | Acquired | 2032-03-02 | Common Stock, $1 par value (8269) | Direct |
Footnotes
F1: Represents the number of shares forfeited by the reporting person to cover the withholding of taxes incurred as a result of the delivery of shares on February 28, 2022 from the settlement of vested restricted stock units granted on February 28, 2019.
F2: The reporting person received a grant of restricted stock units which are scheduled to vest in three equal annual installments beginning on March 2, 2023, the first anniversary of the grant date, subject to satisfaction of the related vesting requirements set forth in the Baxter International Inc. 2021 Incentive Plan.
F3: The reporting person received a grant of restricted stock units which are scheduled to vest on March 3, 2025, subject to satisfaction of the related vesting requirements set forth in the Baxter International Inc. 2021 Incentive Plan.
F4: Represents the number of shares forfeited by the reporting person to cover the withholding of taxes incurred as a result of the delivery of shares on March 3, 2022 from the settlement of vested restricted stock units granted on March 3, 2021.
F5: The options become exercisable in three equal annual installments beginning on March 2, 2023, the first anniversary of the grant date.