BALCHEM CORP — Director's Dealing 2011

Dec 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCPC)
CIK: 0000009326
Period of Report: 2011-12-19

Reporting Person: FITZPATRICK FRANK (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-19	Common Stock	M	10000	$5.85	Acquired	60718	Direct
2011-12-19	Common Stock	S	10000	$40.2483	Disposed	50718	Direct
2011-12-20	Common Stock	M	20000	$5.85	Acquired	70718	Direct
2011-12-20	Common Stock	S	20000	$40.4114	Disposed	50718	Direct

Footnotes

F1: Partial exercise of a stock option grant which fully vested on September 16, 2007.