BALCHEM CORP — Director's Dealing 2022

Feb 14, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCPC)
CIK: 0000009326
Period of Report: 2022-02-10

Reporting Person: Hyde James C (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-10	Common Stock	A	820	—	Acquired	14925	Direct
2022-02-10	Common Stock	A	2394	—	Acquired	17319	Direct
2022-02-10	Common Stock	F	738	$138.07	Disposed	16581	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-10	Stock Option	$138.07	A	2900	Acquired	2032-02-10	Common Stock (2900)	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 13, 2019, 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: 738 of the 2394 shares that vested February 10, 2022 were withheld to cover withholding taxes due upon vesting.

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