BALCHEM CORP - Director's Dealing 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCP)
CIK: 0000009326
Period of Report: 2006-11-02

Reporting Person: ROSSI DINO A (President and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-02	Common Stock	M	7000	$4.78	Acquired	31208	Direct
2006-11-02	Common Stock	S	200	$22.05	Disposed	31008	Direct
2006-11-02	Common Stock	S	1400	$22.1	Disposed	29608	Direct
2006-11-02	Common Stock	S	600	$22.11	Disposed	29008	Direct
2006-11-02	Common Stock	S	100	$22.19	Disposed	28908	Direct
2006-11-02	Common Stock	S	100	$22.22	Disposed	28808	Direct
2006-11-02	Common Stock	S	100	$21.97	Disposed	28708	Direct
2006-11-02	Common Stock	S	100	$22.16	Disposed	28608	Direct
2006-11-02	Common Stock	S	100	$22.04	Disposed	28508	Direct
2006-11-02	Common Stock	S	1700	$22.15	Disposed	26808	Direct
2006-11-02	Common Stock	S	600	$22	Disposed	26208	Direct
2006-11-02	Common Stock	S	200	$22.08	Disposed	26008	Direct
2006-11-02	Common Stock	S	100	$22.06	Disposed	25908	Direct
2006-11-02	Common Stock	S	100	$22.09	Disposed	25808	Direct
2006-11-02	Common Stock	S	500	$22.12	Disposed	25308	Direct
2006-11-02	Common Stock	S	500	$22.13	Disposed	24808	Direct
2006-11-02	Common Stock	S	400	$22.2	Disposed	24408	Direct
2006-11-02	Common Stock	S	100	$22.21	Disposed	24308	Direct
2006-11-02	Common Stock	S	100	$22.14	Disposed	24208	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-02	Employee Stock Option (right to buy)	$4.78	M	7000	Acquired	2007-10-17	Common Stock (7000)	Direct

F1: Sale of shares pursuant to Rule 10b5-1 adopted on September 20, 2006

F2: Options Vest 20% year 1, 40% year 2, 40% year 3