SEC Form 4 · accession 0000899243-16-016467
Baxalta Inc · BXLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
BAXTER INTERNATIONAL INC
10% Owner
Period of report
Mar 21, 2016
Accepted (ET)
Mar 23, 2016 · 4:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620546
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF2 | Mar 21, 2016 | J | 63,823,582 | — | D | 30,506,097 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to an Exchange Agreement (the "Agreement"), dated as of March 16, 2016, by and among the reporting person and Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch"), Credit Suisse Securities (USA) LLC ("Credit Suisse"), J.P. Morgan Securities LLC ("J.P. Morgan") and UBS Securities LLC ("UBS" and, together with Merrill Lynch, Credit Suisse and J.P. Morgan, the "Investment Entities"), the reporting person exchanged 63,823,582 shares of the issuer's common stock to the Investment Entities for certain indebtedness of the reporting person then owned by the Investment Entities (the "Exchange").
- F2The Agreement placed a value on the issuer's common stock for purposes of the Exchange of $37.75 per share.