X0306 4 2017-06-01 0 0000010456 BAXTER INTERNATIONAL INC NYSE: BAX 0001040273 Third Point LLC 390 PARK AVENUE NEW YORK NY 10022 1 0 0 1 See Remarks 0001300345 Loeb Daniel S C/O THIRD POINT LLC 390 PARK AVENUE NEW YORK NY 10022 1 0 0 1 See Remarks Common Stock, $1.00 par value ("Common Stock") 2017-06-01 4 S 0 5000000 59.50 D 41001790 I See Footnote Except as otherwise noted herein, the securities disclosed in this Form 4 are owned by certain funds (the "Funds") managed by Third Point LLC ("Third Point"). Daniel S. Loeb is the Chief Executive Officer of Third Point. By reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended, Third Point and Mr. Loeb may be deemed to be the beneficial owners of the securities beneficially owned by the Funds. Third Point and Mr. Loeb hereby disclaim beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein. Munib Islam, a partner and the head of equities research at Third Point, serves on the board of directors of the Issuer. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons may be deemed directors by deputization by virtue of Mr. Islam's service on the Issuer's board of directors. THIRD POINT LLC, /s/ William Song, as Attorney-in-Fact for Daniel S. Loeb, Chief Executive Officer of Third Point LLC 2017-06-02 DANIEL S. LOEB, /s/ William Song, as Attorney-in-Fact for Daniel S. Loeb 2017-06-02