4//SEC Filing
BAXTER INTERNATIONAL INC 4
Accession 0000899243-15-000568
$BAXCIK 0000010456operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 7:13 PM ET
Size
16.6 KB
Accession
0000899243-15-000568
Insider Transaction Report
Form 4
Schabacker Marcus
CVP, Chief Scientific Officer
Transactions
- Other
Stock Option (Right to Buy)
2015-07-01+43,596→ 94,461 totalExercise: $37.38Exp: 2025-03-03→ Common Stock, par value $1 per share (43,596 underlying) - Other
Common Stock, par value $1 per share
2015-07-01+6,311→ 24,459 total - Award
Common Stock, par value $1 per share
2015-07-01+5,000→ 29,459 total
Holdings
- 28,761
Stock Option (Right to Buy)
Exercise: $37.17Exp: 2024-03-04→ Common Stock, par value $1 per share (28,761 underlying) - 27,062
Stock Option (Right to Buy)
Exercise: $37.82Exp: 2023-03-05→ Common Stock, par value $1 per share (27,062 underlying)
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 6,311 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]The reporting person received a grant of 5,000 restricted stock units which will vest on July 1, 2018.
- [F3]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.
- [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.
Issuer
BAXTER INTERNATIONAL INC
CIK 0000010456
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000010456
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 7:13 PM ET
- Size
- 16.6 KB