Form 4 for BAX Baxter International
Accepted 2023-02-15 00:00:00 ET · period of report 2023-02-13 · accession 0001062993-23-003686 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-15 | 2023-02-13 | BAX | SACCARO JAMES | EVP, CFO | A - Grant | $0.00 | +3,362 | 157.8K | +2% | $0 | |
| 2023-02-15 | 2023-02-13 | BAX | SACCARO JAMES | EVP, CFO | F - Tax | $40.50 | -1,059 | 156.7K | -0.7% | -$42.9K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $1 par value | 2023-02-13 | A | A | 3,362 | $0.00 | 157,803 | D | — | — | (F1) Represents shares awarded from the performance share unit award granted on March 20, 2020 pursuant to the Equity Plan adopted by Baxter International Inc. (Baxter) as of such date (the 2020 PSUs). The award provided that one-third of the performance share units are awarded based on Baxter's Sales Compound Annual Growth Rate (Sales CAGR) performance, Baxter's Total Shareholder Return (TSR) performance, and Baxter's Total Return on Invested Capital (ROIC) performance over the three-year performance period January 1, 2020 to December 31, 2022 (the Three-Year Performance Period). These shares have vested as the Three-Year Performance Period has ended. |
| 2 | Common | Common Stock, $1 par value | 2023-02-13 | F | D | 1,059 | $40.50 | 156,744 | D | — | — | (F2) Represents the number of shares forfeited by the reporting person to cover the withholding of taxes incurred as a result of the vesting of the 2020 PSUs. |