BALCHEM CORP - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCPC)
CIK: 0000009326
Period of Report: 2007-03-02

Reporting Person: ROSSI DINO A (President and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-02	Common Stock	M	10500	$3.19	Acquired	56937	Direct
2007-03-02	Common Stock	S	10500	$14458	Disposed	46437	Direct
2007-03-05	Common Stock	M	4875	$3.19	Acquired	51312	Direct
2007-03-05	Common Stock	M	2700	$1.85	Acquired	54012	Direct
2007-03-05	Common Stock	M	7575	$14.549	Disposed	46437	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-02	Employee Stock Option (right to buy)	$3.19	M	10500	Acquired	2007-10-17	Common Stock (10500)	Direct
2007-03-05	Employee Stock Option (right to buy)	$3.19	M	4875	Acquired	2007-10-17	Common Stock (4875)	Direct
2007-03-05	Employee Stock Option (right to buy)	$1.85	M	2700	Acquired	2008-10-23	Common Stock (2700)	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