Martin Luther Reid - Feb 8, 2024 Form 4 Insider Report for BALCHEM CORP (BCPC)

Role
SVP Chief Supply Chain Officer
Signature
/s/ Travis Larsen, Attorney in Fact for Martin Luther Reid
Stock symbol
BCPC
Transactions as of
Feb 8, 2024
Transactions value $
-$242,110
Form type
4
Date filed
2/12/2024, 07:01 PM
Previous filing
Feb 10, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCPC Common Stock Award $0 +1.05K +23.84% $0.00 5.46K Feb 8, 2024 Direct F1, F2
transaction BCPC Common Stock Award $0 +3.06K +56.15% $0.00 8.52K Feb 8, 2024 Direct F3
transaction BCPC Common Stock Tax liability -$159K -1.11K -12.98% $143.43 7.41K Feb 8, 2024 Direct F4
transaction BCPC Common Stock Tax liability -$83.5K -582 -7.85% $143.43 6.83K Feb 8, 2024 Direct F5

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 +3.4K $0.00 3.4K Feb 8, 2024 Common Stock 3.4K $143.43 Direct F6
* 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 Includes acquisition of shares under the Balchem Corporation 401(k) plan.
F3 Represents the vesting of performance stock units (includes 47 dividend equivalent shares) for the 2021-2023 performance period.
F4 1,106 of the 3,063 performance stock units that vested on February 8, 2024 were withheld to cover tax requirement due upon vesting.
F5 Reflects shares that were withheld to cover withholding taxes due upon vesting of restricted shares (granted on 2/8/2021)
F6 Options vest 20% Year 1; 40% Year 2: and 40% Year 3.