BALCHEM CORP — Director's Dealing 2005

Sep 20, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCP)
CIK: 0000009326
Period of Report: 2005-09-16

Reporting Person: Houston Matthew David (General Counsel, Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-09-16	Employee Stock Option (right to buy)	$31.07	A	5000	Acquired	2015-09-16	Common Stock (5000)	Direct

Footnotes

F1: Options Vest 20% year 1, 40% year 2, 40% year 3