Key facts
- This page summarizes Brian Stevens's Form 4 filing for BAXTER INTERNATIONAL INC (BAX).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 14 Feb 2022, 15:18.
Brian Stevens - 10 Feb 2022 Form 4 Insider Report for BAXTER INTERNATIONAL INC (BAX)
- Reporting relationship
- SVP, CAO and Controller
- Issuer ticker
- BAX
- Reported as of
- 10 Feb 2022
- Net transaction value
- -$41,067
- SEC form
- 4
- Accepted by SEC
- 14 Feb 2022, 15:18:09 UTC
- Prior SEC filing
- 07 Dec 2021
- Next SEC filing
- 04 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Matthew Rice, as attorney in-fact for Brian Stevens
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Brian Stevens filed Form 4 for BAXTER INTERNATIONAL INC (BAX) on 14 Feb 2022.
Change
- Previous filing in this sequence was filed on 07 Dec 2021.
- Current net transaction value: -$41,067.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BAX
transaction
Common Stock, $1 par value
Award
- Transaction value
- $0
- Shares
- +249
- Change %
- +1.6%
- Price
- $0.000000
- Shares after
- 16,255
- Date
- 10 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
BAX
transaction
Common Stock, $1 par value
Award
- Transaction value
- $0
- Shares
- +724
- Change %
- +4.5%
- Price
- $0.000000
- Shares after
- 16,979
- Date
- 10 Feb 2022
- Ownership
- Direct
- Footnotes
- F2
BAX
transaction
Common Stock, $1 par value
Tax liability
- Transaction value
- $41,067
- Shares
- -468
- Change %
- -2.8%
- Price
- $87.75
- Shares after
- 16,511
- Date
- 10 Feb 2022
- Ownership
- Direct
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents shares awarded from the performance share unit award granted on February 28, 2019 pursuant to the Equity Plan adopted by Baxter International Inc. (Baxter) as of such date (the 2019 PSUs). The award provided that fifty percent of the performance share units are earned based on Baxter's Adjusted Operating Margin (OM) performance, as assessed annually over a three-year period. One-third of the OM performance share units are allocated to each one-year period. The number of shares reported on this Form 4 represents the shares awarded based on Baxter's OM during the January 1, 2021 to December 31, 2021 performance period. These shares have vested as the relevant three-year performance period January 1, 2019 to December 31, 2021 (the Three-Year Performance Period) has ended.
Footnote F2
Represents shares awarded from the 2019 PSUs. The award provides that fifty percent of the performance share units are earned based on Baxter's Total Shareholder Return (TSR) performance over the Three-Year Performance Period. The number of shares reported on this Form 4 represents the shares awarded based on Baxter's TSR during the Three-Year Performance Period. These shares have vested as the Three-Year Performance Period has ended.
Footnote F3
Represents the number of shares forfeited by the reporting person to cover the withholding of taxes incurred as a result of the vesting of shares in 2019, 2020, and 2021 as part of the 2019 PSUs.