SEC Form 4 · accession 0000899243-15-005821
BAXTER INTERNATIONAL INC · BAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Munib Islam
Director
Period of report
Sep 29, 2015
Accepted (ET)
Oct 1, 2015 · 9:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000010456
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1 par valueF1,F2 | Sep 29, 2015 | A | 1,790 | — | A | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F3 | $32.85 | Sep 29, 2015 | A | 6,290 | A | — | Sep 29, 2025 | Common Stock | 6,290 | 0 | D |
Explanation of responses
- F1The Reporting Person received a grant of 1,790 restricted stock units which vest on the date of the 2016 annual meeting of shareholders.
- F2Given the Reporting Person's employment by Third Point LLC, Third Point LLC will have all voting and dispositive control over all securities granted to Mr. Islam and the rights to any economic return therefrom. The Reporting Person disclaims beneficial ownership with respect to all securities reported herein.
- F3The Reporting Person received a grant of 6,290 stock options. The date exercisable is the date of the 2016 annual meeting of shareholders.