Sec Form 3 Filing - Flynn Steven @ BAXTER INTERNATIONAL INC - 2022-07-12

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Flynn Steven
2. Issuer Name and Ticker or Trading Symbol
BAXTER INTERNATIONAL INC [ BAX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, President, APAC
(Last) (First) (Middle)
ONE BAXTER PARKWAY, ONE BAXTER PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
07/12/2022
(Street)
DEERFIELD, IL60015
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $1 par value 11,709 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 37.38 ( 1 ) 03/03/2025 Common Stock, $1 par value 4,887 D
Stock Option (Right to Buy) $ 50.77 ( 2 ) 03/02/2027 Common Stock, $1 par value 11,230 D
Stock Option (Right to Buy) $ 66.31 ( 3 ) 03/01/2028 Common Stock, $1 par value 8,402 D
Stock Option (Right to Buy) $ 74.73 ( 4 ) 02/28/2029 Common Stock, $1 par value 10,288 D
Stock Option (Right to Buy) $ 75.75 ( 5 ) 03/20/2030 Common Stock, $1 par value 12,715 D
Stock Option (Right to Buy) $ 77.15 ( 6 ) 03/03/2031 Common Stock, $1 par value 15,207 D
Stock Option (Right to Buy) $ 85.23 ( 7 ) 03/02/2032 Common Stock, $1 par value 6,064 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Flynn Steven
ONE BAXTER PARKWAY
ONE BAXTER PARKWAY
DEERFIELD, IL60015
SVP, President, APAC
Signatures
/s/ Ellen K. Bradford, as attorney in-fact for Steven Flynn 07/22/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The options became exercisable in three equal annual installments beginning on March 3, 2016, the first anniversary of the grant date.
( 2 )The options became exercisable in three equal annual installments beginning on March 2, 2018, the first anniversary of the grant date.
( 3 )The options became exercisable in three equal annual installments beginning on March 1, 2019, the first anniversary of the grant date.
( 4 )The options became exercisable in three equal annual installments beginning on February 28, 2020, the first anniversary of the grant date.
( 5 )The options become exercisable in three equal annual installments beginning on March 22, 2021, the first anniversary of the grant date. The first two installments became exercisable on March 22, 2021 and March 21, 2022 respectively. The third installment will become exercisable on March 20, 2023.
( 6 )The options become exercisable in three equal annual installments beginning on March 3, 2022, the first anniversary of the grant date. The first installment became exercisable on March 3, 2022. The second and third installment will become exercisable on March 3, 2023 and March 4, 2024 respectively.
( 7 )The options become exercisable in three equal annual installments beginning on March 2, 2023, the first anniversary of the grant date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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