BALCHEM CORP — Director's Dealing 2008

Jan 16, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCPC)
CIK: 0000009326
Period of Report: 2008-01-12

Reporting Person: ROSSI DINO A (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-12	Common Stock	A	13500	$0.0666	Acquired	13500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-01-12	Employee Stock Option (right to buy)	$20.41	A	45000	Acquired	2018-01-11	Common Stock (0)	Direct

Footnotes

F1: The stock is subject to a repurchase option in favor of the Issuer and to restrictions on transfer until it vests in
accordance with the provisions of the Restricted Stock Purchase Agreement dated January 12, 2008 between the Issuer and the
Reporting Person.

F2: Options vest 20% year 1; 40% year 2; and 40% year 3