4//SEC Filing
Frye Andrew 4
Accession 0001712314-21-000001
CIK 0000010456other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:10 PM ET
Size
9.4 KB
Accession
0001712314-21-000001
Insider Transaction Report
Form 4
Frye Andrew
SVP, President, APAC
Transactions
- Award
Common Stock, $1 par value
2021-02-16+659→ 16,935 total - Award
Common Stock, $1 par value
2021-02-16+2,419→ 19,354 total - Award
Common Stock, $1 par value
2021-02-16+635→ 19,989 total
Footnotes (3)
- [F1]Represents shares awarded from the performance share unit award granted on March 1, 2018 pursuant to the Equity Plan adopted by Baxter International Inc. (Baxter) as of such date (the 2018 PSUs). The award provides that fifty percent of the performance share units are earned based on 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 awarded based on Baxter's OM during the January 1, 2020 to December 31, 2020 performance period. These shares have vested as the relevant three-year performance period January 1, 2018 to December 31, 2020 (the Three-Year Performance Period) has ended.
- [F2]Represents shares awarded from the 2018 PSUs. The award provides that fifty percent of the performance share units are earned based on Baxter's Total Shareholder Return (TSR) performance over the Three-Year Performance Period. The number of shares reported on this Form 4 represents the shares awarded based on Baxter's TSR during the Three-Year Performance Period. These shares have vested as the Three-Year Performance Period has ended.
- [F3]Represents shares earned from the performance share unit award granted on February 28, 2019 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 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, 2020 to December 31, 2020. These shares are scheduled to vest after the end of the relevant three-year performance period (which runs from Janaury 1, 2019 through December 31, 2021).
Documents
Issuer
BAXTER INTERNATIONAL INC
CIK 0000010456
Entity typeother
Related Parties
1- filerCIK 0001712314
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 4:10 PM ET
- Size
- 9.4 KB