SEC Form 4 · accession 0001557559-18-000002
BAXTER INTERNATIONAL INC · BAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Stevens
Officer — SVP, CAO and Controller
Period of report
Dec 3, 2018
Accepted (ET)
Dec 6, 2018 · 4:37 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 | Dec 3, 2018 | A | 7,500 | $0.00 | A | 7,500 | D | |
| Common Stock, $1 par valueF2 | Dec 3, 2018 | A | 7,500 | $0.00 | A | 15,000 | 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 | $69.20 | Dec 3, 2018 | A | 70,000 | A | — | Dec 1, 2028 | Common Stock, $1 par value | 70,000 | 70,000 | D |
Explanation of responses
- F1The restricted stock units are scheduled to vest in three equal annual installments beginning on December 3, 2019, the first anniversary of the grant date.
- F2The restricted stock units are scheduled to vest in full on December 3, 2021.
- F3The options become exercisable in three equal annual installments beginning on December 3, 2019, the first anniversary of the grant date.