Frye Andrew 4
4 · BAXTER INTERNATIONAL INC · Filed Feb 21, 2019
Insider Transaction Report
Form 4
Frye Andrew
SVP, President, APAC
Transactions
- Award
Common Stock, $1 par value
2019-02-19+1,699→ 19,597 total
Footnotes (1)
- [F1]Represents shares earned from the performance share unit award granted on March 1, 2018 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 Baxter's Adjusted Operating Martin (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, 2018 through December 31, 2018. These shares are scheduled to vest after the end of the relevant three-year performance period (which runs from January 1, 2018 through December 31, 2020).