SEC Form 4 · accession 0001715790-17-000002
BAXTER INTERNATIONAL INC · BAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cristiano Franzi
Officer — SVP, President, EMEA
Period of report
Sep 1, 2017
Accepted (ET)
Sep 6, 2017 · 4:59 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 | Sep 1, 2017 | A | 12,000 | $0.00 | A | 12,000 | D | |
| Common Stock, $1 par valueF2 | Sep 1, 2017 | A | 21,000 | $0.00 | A | 33,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $62.23 | Sep 1, 2017 | A | 70,000 | A | — | Sep 1, 2027 | Common Stock, $1 par value | 70,000 | 70,000 | D |
Explanation of responses
- F1The restricted stock units will vest on September 1, 2020.
- F2The restricted stock units will vest in three equal annual installments beginning on September 4, 2018, the first anniversary of the grant date.
- F3The options become exercisable in three equal annual installments beginning on September 4, 2018, the first anniversary of the grant date.