Baxter International (BAX (NYSE)) Form 4 BAXTER INTERNATIONAL / Giuseppe Accogli ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Accogli Giuseppe

(Last) (First) (Middle)

ONE BAXTER PARKWAY

(Street)

DEERFIELD IL 60015

(City) (State) (Zip)

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, Global Bus.

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	01/02/2018		M(1)		1,241	A	$28.97	46,970	D
Common Stock, $1 par value	01/02/2018		M(1)		2,461	A	$30.95	49,431	D
Common Stock, $1 par value	01/02/2018		M(1)		5,553	A	$37.82	54,984	D
Common Stock, $1 par value	01/02/2018		M(1)		9,386	A	$37.17	64,370	D
Common Stock, $1 par value	01/02/2018		M(1)		10,000	A	$37.38	74,370	D
Common Stock, $1 par value	01/02/2018		S		28,641	D	$67	45,729	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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)	$28.97	01/02/2018		M(1)			1,241	03/04/2014	03/04/2022	Common Stock, $1 par value	1,241	$0	0	D
Stock Option (Right to Buy)	$30.95	01/02/2018		M(1)			2,461	03/06/2015	03/06/2023	Common Stock, $1 par value	2,461	$0	0	D
Stock Option (Right to Buy)	$37.82	01/02/2018		M(1)			1	03/05/2014	03/05/2024	Common Stock, $1 par value	1	$0	0	D
Stock Option (Right to Buy)	$37.82	01/02/2018		M(1)			2,776	03/05/2015	03/05/2024	Common Stock, $1 par value	2,776	$0	0	D
Stock Option (Right to Buy)	$37.82	01/02/2018		M(1)			2,776	03/07/2016	03/05/2024	Common Stock, $1 par value	2,776	$0	0	D
Stock Option (Right to Buy)	$37.17	01/02/2018		M(1)			1,877	03/04/2015	03/04/2025	Common Stock, $1 par value	1,877	$0	0	D
Stock Option (Right to Buy)	$37.17	01/02/2018		M(1)			3,754	03/04/2016	03/04/2025	Common Stock, $1 par value	3,754	$0	0	D
Stock Option (Right to Buy)	$37.17	01/02/2018		M(1)			3,755	03/06/2017	03/04/2025	Common Stock, $1 par value	3,755	$0	0	D
Stock Option (Right to Buy)	$37.38	01/02/2018		M(1)			10,000	03/03/2017	03/03/2026	Common Stock, $1 par value	10,000	$0	0	D

Explanation of Responses:

1. Transaction effected pursuant to a Rule 10b5-1 trading plan entered into by Mr. Accogli with respect to the stock options granted by Baxter International Inc. ("BII") to Mr. Accogli.

Remarks:

	/s/ Ellen K. McIntosh, as attorney in-fact for Giuseppe Accogli	01/03/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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