Joel T. Grade - 01 Dec 2023 Form 4 Insider Report for BAXTER INTERNATIONAL INC (BAX)

Signature
/s/ Matthew Rice, as attorney in-fact for Joel T. Grade
Issuer symbol
BAX
Transactions as of
01 Dec 2023
Net transactions value
$0
Form type
4
Filing time
05 Dec 2023, 16:11:43 UTC
Previous filing
19 Oct 2023
Next filing
08 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAX Common Stock, $1 par value Award $0 +27,988 $0.000000 27,988 01 Dec 2023 Direct F1
transaction BAX Common Stock, $1 par value Award $0 +25,189 +90% $0.000000 53,177 01 Dec 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 +102,273 $0.000000 102,273 01 Dec 2023 Common Stock, $1 par value 102,273 $36.55 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 restricted stock unit grant which is scheduled to vest in three equal annual installments beginning on December 2, 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 restricted stock unit grant which is scheduled to vest in three equal annual installments beginning on December 2, 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.
F3 The options become exercisable in three equal annual installments beginning on December 2, 2024, the first anniversary of the grant date.