BAXTER INTERNATIONAL INC 4

Accession 0000899243-15-000563

$BAXCIK 0000010456operating

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 7:08 PM ET

Size

19.2 KB

Accession

0000899243-15-000563

Form 4

Period: 2015-07-01

Corporate Vice President

Transactions

Other
Stock Option (Right to Buy)
2015-07-01+21,356→ 46,273 total
Exercise: $37.38Exp: 2025-03-03→ Common Stock, par value $1.00 per share (21,356 underlying)
Other
Common Stock, par value $1.00 per share
2015-07-01+2,840→ 19,042 total

Holdings

Stock Option (Right to Buy)
Exercise: $31.30Exp: 2018-03-05→ Common Stock, par value $1.00 per share (8,000 underlying)
8,000
Stock Option (Right to Buy)
Exercise: $28.27Exp: 2019-03-04→ Common Stock, par value $1.00 per share (7,800 underlying)
7,800
Stock Option (Right to Buy)
Exercise: $30.95Exp: 2022-03-06→ Common Stock, par value $1.00 per share (11,075 underlying)
11,075
Stock Option (Right to Buy)
Exercise: $27.58Exp: 2017-03-15→ Common Stock, par value $1.00 per share (10,000 underlying)
10,000
Stock Option (Right to Buy)
Exercise: $31.77Exp: 2020-03-03→ Common Stock, par value $1.00 per share (9,218 underlying)
9,218
Stock Option (Right to Buy)
Exercise: $28.97Exp: 2021-03-04→ Common Stock, par value $1.00 per share (10,753 underlying)
10,753
Stock Option (Right to Buy)
Exercise: $37.82Exp: 2023-03-05→ Common Stock, par value $1.00 per share (15,860 underlying)
15,860
Stock Option (Right to Buy)
Exercise: $37.17Exp: 2024-03-04→ Common Stock, par value $1.00 per share (19,347 underlying)
19,347

Footnotes (7)

[F1]In connection with the spin-off (the "Spin-off") of Baxalta Incorporated ("Baxalta") from Baxter International Inc. ("Baxter"), the reporting person received a grant of 2,840 restricted stock units as a result of the adjustment of existing Baxter restricted stock units held by the reporting person prior to the Spin-off. These restricted stock units will vest in three equal annual installments beginning on March 3, 2016, the first anniversary of the grant date.
[F2]Represents options to purchase Baxter common stock awarded to the reporting person prior to the Spin-off. In connection with the Spin-off, the exercise price of the option was adjusted, and the reporting person received options to purchase shares of Baxalta common stock, to preserve the pre-Spin-off intrinsic value of the existing Baxter option award.
[F3]This option is presently exercisable in full.
[F4]Two-thirds of this option is presently exercisable. The remaining one third becomes exercisable on March 5, 2016.
[F5]One-third of this option is presently exercisable. The remaining two thirds become exercisable on March 4, 2016 and March 4, 2017.
[F6]In connection with the Spin-off, the number of shares subject to this option and the exercise price have been adjusted to preserve the pre-Spin-off intrinsic value of the existing Baxter option award.
[F7]This option will vest in three equal annual installments beginning on March 3, 2016, the first anniversary of the grant date of the existing option award.

Documents

1 file

BAXTER INTERNATIONAL INC

CIK 0000010456

Entity typeoperating

IncorporatedDE