Job Leonard van Gunsteren - 08 Feb 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
Issuer symbol
BCPC
Transactions as of
08 Feb 2023
Net transactions value
-$126,767
Form type
4
Filing time
10 Feb 2023, 19:35:11 UTC
Previous filing
20 Sep 2022
Next filing
15 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCPC Common Stock Award $0 +460 +6.9% $0.000000 7,150 08 Feb 2023 Direct F1
transaction BCPC Common Stock Award $0 +1,636 +23% $0.000000 8,786 08 Feb 2023 Direct F2
transaction BCPC Common Stock Tax liability $126,767 -918 -10% $138.09* 7,868 08 Feb 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 +1,600 $0.000000 1,600 08 Feb 2023 Common Stock 1,600 $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.