BALCHEM CORP — Director's Dealing 2021

Mar 5, 2021

SEC Form 4/A — Form 4/A

Issuer: BALCHEM CORP (BCPC)
CIK: 0000009326
Period of Report: 2021-02-11

Reporting Person: Backus William A. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-11	Common Stock	A	1470	—	Acquired	18861	Direct
2021-02-11	Common Stock	A	1924	—	Acquired	20785	Direct
2021-02-11	Common Stock	F	988	$119.13	Disposed	19797	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-11	Stock Option	$119.13	A	2300	Acquired	2031-02-11	Common Stock (2300)	Direct

Footnotes

F1: Ownership of the restricted stock does not vest in reporting person until three years from the grant date and is further subject to restrictions on transfer in accordance with the provisions of a Restricted Stock Grant Agreement between the Company and the reporting person.

F2: Acquired upon the settlement of performance shares granted on February 15, 2018 based upon a predetermined EBITDA performance target and total shareholder return against the Russell 2000 Index over a three-year period as a result of the satisfaction of those performance criteria.

F3: 988 of the 1,924 shares that vested February 11, 2021 were withheld to cover withholding taxes due upon vesting.

F4: Options vest 20% Year 1; 40% Year 2; and 40% Year 3.