Brian Stevens - 28 Feb 2022 Form 4 Insider Report for BAXTER INTERNATIONAL INC (BAX)

Role
SVP, CAO and Controller
Signature
/s/ Matthew Rice, as attorney in-fact for Brian Stevens
Issuer symbol
BAX
Transactions as of
28 Feb 2022
Net transactions value
-$29,268
Form type
4
Filing time
04 Mar 2022, 16:25:11 UTC
Previous filing
14 Feb 2022
Next filing
23 Mar 2022
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 Tax liability $14,615 -172 -1.2% $84.97 13,839 28 Feb 2022 Direct F1
transaction BAX Common Stock, $1 par value Award $0 +3,567 +26% $0.000000 17,406 02 Mar 2022 Direct F2
transaction BAX Common Stock, $1 par value Award $0 +8,918 +51% $0.000000 26,324 02 Mar 2022 Direct F3
transaction BAX Common Stock, $1 par value Tax liability $14,653 -172 -0.65% $85.19 26,151 03 Mar 2022 Direct F4

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 +8,269 $0.000000 8,269 02 Mar 2022 Common Stock, $1 par value 8,269 $85.23 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares forfeited by the reporting person to cover the withholding of taxes incurred as a result of the delivery of shares on February 28, 2022 from the settlement of vested restricted stock units granted on February 28, 2019.
F2 The reporting person received a grant of restricted stock units which are scheduled to vest in three equal annual installments beginning on March 2, 2023, 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 reporting person received a grant of restricted stock units which are scheduled to vest on March 3, 2025, subject to satisfaction of the related vesting requirements set forth in the Baxter International Inc. 2021 Incentive Plan.
F4 Represents the number of shares forfeited by the reporting person to cover the withholding of taxes incurred as a result of the delivery of shares on March 3, 2022 from the settlement of vested restricted stock units granted on March 3, 2021.
F5 The options become exercisable in three equal annual installments beginning on March 2, 2023, the first anniversary of the grant date.