SEC Form 4 · accession 0001168252-15-000002
BAXTER INTERNATIONAL INC · BAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Parkinson Jr.
Officer — Chairman of the Board and CEO · Director
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 5:37 pm EST
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 | Mar 3, 2015 | A | 70,145 | — | A | 630,098 | D | |
| Common Stock, $1 par valueF2 | Mar 5, 2015 | F | 8,762 | $69.21 | D | 621,336 | 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)F3 | $69.42 | Mar 3, 2015 | A | 531,561 | A | — | Mar 3, 2025 | Common Stock, $1 par value | 531,561 | 531,561 | D |
Explanation of responses
- F1The reporting person received a grant of 70,145 restricted stock units which will vest in three equal installments beginning on the first anniversary of the grant date.
- F2Represents 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 5, 2013.
- F3The option becomes exercisable in three equal annual installments beginning on the first anniversary of the date of the grant.