BALCHEM CORP — Director's Dealing 2023

Feb 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCPC)
CIK: 0000009326
Period of Report: 2023-02-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-08	Common Stock	A	570	—	Acquired	11246	Direct
2023-02-08	Common Stock	A	2240	—	Acquired	13486	Direct
2023-02-08	Common Stock	F	1190	$138.09	Disposed	12296	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-08	Stock Option	$138.09	A	2000	Acquired	2033-02-08	Common Stock (2000)	Direct

Footnotes

F1: Ownership of restricted stock vests in Reporting Person 3 years following the grant date, subject to restrictions on transfer in accordance with the provisions of a Restricted Stock Grant Agreement between the Issuer and the Reporting Person.

F2: Includes acquisition of shares under the Balchem Corporation 401(k) plan.

F3: Represents the vesting of performance stock units (includes 32 dividend equivalent shares) for the 2020-2022 performance period.

F4: 1,190 of the 2,240 performance stock units that vested on February 8, 2023 were withheld to cover tax requirement due upon vesting.

F5: Options vest 20% Year 1; 40% Year 2: and 40% Year 3.