BALCHEM CORP — Director's Dealing 2004

Jun 28, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (bcp)
CIK: 0000009326
Period of Report: 2004-06-25

Reporting Person: FITZPATRICK FRANK (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-06-25	Balchem Corporation	M	750	$10.75	Acquired	750	Direct
2004-06-25	Balchem Corporation	S	750	$27.6027	Disposed	0	Direct
2004-06-25	Balchem Corporation	M	4000	$6.35	Acquired	4000	Direct
2004-06-25	Balchem Corporation	S	4000	$27.6027	Disposed	0	Direct
2004-06-25	Balchem Corporation	M	4500	$11.13	Acquired	4500	Direct
2004-06-25	Balchem Corporation	S	4500	$27.6027	Disposed	0	Direct
2003-12-31	Balchem Corporation	A	1980	—	Acquired	1980	Indirect

Footnotes

F1: Shares held in Balchem Corporation 401k account as of 12/31/2003.