Steven Flynn - 01 Mar 2023 Form 4 Insider Report for BAXTER INTERNATIONAL INC (BAX)

Role
SVP, President, APAC
Signature
/s/ Matthew Rice, as attorney in-fact for Steven Flynn
Issuer symbol
BAX
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
03 Mar 2023, 15:06:13 UTC
Previous filing
15 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAX Common Stock, $1 par value Award $0 +6,171 +49% $0.000000 18,737 01 Mar 2023 Direct F1
transaction BAX Common Stock, $1 par value Award $0 +12,343 +66% $0.000000 31,080 01 Mar 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BAX Stock Option (Right to Buy) Award $0 +25,586 $0.000000 25,586 01 Mar 2023 Common Stock, $1 par value 25,586 $39.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a grant of restricted stock units which are scheduled to vest in three equal annual installments beginning on March 1, 2024, the first anniversary of the grant date, subject to satisfaction of the related vesting requirements set forth in the Baxter International Inc. 2021 Incentive Plan.
F2 The reporting person received a grant of restricted stock units which are scheduled to vest in three equal annual installments beginning on March 1, 2024, the first anniversary of the grant date, subject to satisfaction of the related vesting requirements set forth in the Baxter International Inc. 2021 Incentive Plan. The shares have terms and conditions which provide for vesting at termination if the reporting person is involuntarily terminated prior to the vesting date for other than cause.
F3 The options become exercisable in three equal annual installments beginning on March 1, 2024, the first anniversary of the grant date.