BALCHEM CORP - Director's Dealing 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCP)
CIK: 0000009326
Period of Report: 2006-10-03

Reporting Person: ROSSI DINO A (President and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-02	Common Stock	M	7000	$4.78	Acquired	31208	Direct
2006-10-03	Common Stock	S	400	$19.3	Disposed	30808	Direct
2006-10-03	Common Stock	S	200	$19.31	Disposed	30608	Direct
2006-10-03	Common Stock	S	1100	$19.27	Disposed	29508	Direct
2006-10-03	Common Stock	S	500	$19.22	Disposed	29008	Direct
2006-10-03	Common Stock	S	1800	$19.21	Disposed	27208	Direct
2006-10-03	Common Stock	S	2300	$19.20	Disposed	24908	Direct
2006-10-03	Common Stock	S	100	$19.28	Disposed	24808	Direct
2006-10-03	Common Stock	S	200	$19.25	Disposed	24608	Direct
2006-10-03	Common Stock	S	100	$19.26	Disposed	24508	Direct
2006-10-03	Common Stock	S	100	$19.24	Disposed	24408	Direct
2006-10-03	Common Stock	S	200	$19.23	Disposed	24208	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-10-03	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