Karp Caroline 4
4 · BAXTER INTERNATIONAL INC · Filed Feb 21, 2018
Insider Transaction Report
Form 4
Karp Caroline
CVP, Controller
Transactions
- Award
Common Stock, $1 par value
2018-02-19+374→ 12,016 total
Footnotes (1)
- [F1]Represents shares earned from the performance share unit award granted on March 2, 2017 pursuant to the Equity Plan adopted by Baxter as of such date. The award provides that fifty percent of the performance share units are earned based on the Baxter's Adjusted Operating Margin (OM) performance, as assessed annually over a three-year period. One-third of the OM performance share units are allocated to each one-year period. The number of shares reported on this Form 4 represents the shares earned based on Baxter's OM, as assessed from January 1, 2017 to December 31, 2017. These shares are scheduled to vest after the end of the relevant three-year performance period (which runs from January 1, 2017 through December 31, 2019).