BALCHEM CORP — Director's Dealing 2015

Feb 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCPC)
CIK: 0000009326
Period of Report: 2015-02-17

Reporting Person: LUDWIG DAVID F (VP/Gen Mgr/ARC Spec Prods)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-17	Common Stock	M	10400	$11.87	Acquired	41431	Direct
2015-02-17	Common Stock	S	10400	$58.1984	Disposed	31031	Direct
2015-02-18	Common Stock	M	100	$11.87	Acquired	31131	Direct
2015-02-18	Common Stock	M	4500	$13.61	Acquired	35531	Direct
2015-02-18	Common Stock	S	4600	$58.0758	Disposed	31031	Direct

Footnotes

F1: Sale of shares pursuant to Rule 10b5-1 adopted on December 3, 2014.