Job Leonard van Gunsteren - Feb 8, 2023 Form 4 Insider Report for BALCHEM CORP (BCPC)

Role
SVP and GM, Specialty Products
Signature
/s/ Travis Larsen, Attorney in Fact for Job Leonard van Gunsteren
Stock symbol
BCPC
Transactions as of
Feb 8, 2023
Transactions value $
-$126,767
Form type
4
Date filed
2/10/2023, 07:35 PM
Previous filing
Sep 20, 2022
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCPC Common Stock Award $0 +460 +6.88% $0.00 7.15K Feb 8, 2023 Direct F1
transaction BCPC Common Stock Award $0 +1.64K +22.88% $0.00 8.79K Feb 8, 2023 Direct F2
transaction BCPC Common Stock Tax liability -$127K -918 -10.45% $138.09* 7.87K Feb 8, 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BCPC Stock Option Award $0 +1.6K $0.00 1.6K Feb 8, 2023 Common Stock 1.6K $138.09 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Represents the vesting of performance stock units (includes 24 dividend equivalent shares) for the 2020-2022 performance period.
F3 918 of the 1,636 performance stock units that vested on February 8, 2023 were withheld to cover tax requirement due upon vesting.
F4 Options vest 20% Year 1; 40% Year 2: and 40% Year 3.

Remarks:

Exhibit 24 - Power of Attorney is attached.