BALCHEM CORP — Director's Dealing 2011

Sep 26, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BALCHEM CORP (BCPC)
CIK: 0000009326
Period of Report: 2011-09-15

Reporting Person: Backus William A. (Chief Accounting Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2676	Indirect
Common Stock	5030	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$11.87	2016-12-07	Common Stock (4500)		Direct
Employee Stock Option (right to buy)	$13.61	2018-01-10	Common Stock (12000)		Direct
Employee Stock Option (right to buy)	$17.28	2018-12-09	Common Stock (15000)		Direct
Employee Stock Option (right to buy)	$21.39	2019-12-07	Common Stock (12000)		Direct
Employee Stock Option (right to buy)	$32.21	2020-12-05	Common Stock (14000)		Direct
Employee Stock Option (right to buy)	$40.95	2021-05-31	Common Stock (5000)		Direct

Footnotes

F1: This stock is subject to repurchase options in favor of the Issuer and to restrictions on transfer until is vests in accordance with the provisions of Restricted Stock Purchase Agreements, dated December 12, 2008; December 8, 2009; December 6, 2010; and June 1, 2011.

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