BALCHEM CORP - Director's Dealing 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCP)
CIK: 0000009326
Period of Report: 2006-11-01

Reporting Person: ROSSI DINO A (President and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-01	Common Stock	M	7000	$4.78	Acquired	31208	Direct
2006-11-01	Common Stock	S	100	$22.28	Disposed	31108	Direct
2006-11-01	Common Stock	S	500	$22.11	Disposed	30608	Direct
2006-11-01	Common Stock	S	200	$22.19	Disposed	30408	Direct
2006-11-01	Common Stock	S	500	$22.12	Disposed	29908	Direct
2006-11-01	Common Stock	S	500	$22.1	Disposed	29408	Direct
2006-11-01	Common Stock	S	400	$22.18	Disposed	29008	Direct
2006-11-01	Common Stock	S	100	$22.19	Disposed	28908	Direct
2006-11-01	Common Stock	S	900	$22.15	Disposed	28008	Direct
2006-11-01	Common Stock	S	600	$22.16	Disposed	27408	Direct
2006-11-01	Common Stock	S	500	$22.17	Disposed	26908	Direct
2006-11-01	Common Stock	S	1000	$22.25	Disposed	25908	Direct
2006-11-01	Common Stock	S	400	$22.21	Disposed	25508	Direct
2006-11-01	Common Stock	S	200	$22.23	Disposed	25308	Direct
2006-11-01	Common Stock	S	100	$22.24	Disposed	25208	Direct
2006-11-01	Common Stock	S	200	$22.02	Disposed	25008	Direct
2006-11-01	Common Stock	S	100	$22.26	Disposed	24908	Direct
2006-11-01	Common Stock	S	100	$22.03	Disposed	24808	Direct
2006-11-01	Common Stock	S	200	$22	Disposed	24608	Direct
2006-11-01	Common Stock	S	100	$21.95	Disposed	24508	Direct
2006-11-01	Common Stock	S	100	$22.07	Disposed	24408	Direct
2006-11-01	Common Stock	S	200	$22.20	Disposed	24208	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-01	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