Martin Luther Reid - 08 Feb 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
Issuer symbol
BCPC
Transactions as of
08 Feb 2024
Net transactions value
-$242,110
Form type
4
Filing time
12 Feb 2024, 19:01:20 UTC
Previous filing
10 Feb 2023
Next filing
13 Feb 2024
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 +1,050 +24% $0.000000 5,455 08 Feb 2024 Direct F1, F2
transaction BCPC Common Stock Award $0 +3,063 +56% $0.000000 8,518 08 Feb 2024 Direct F3
transaction BCPC Common Stock Tax liability $158,634 -1,106 -13% $143.43 7,412 08 Feb 2024 Direct F4
transaction BCPC Common Stock Tax liability $83,476 -582 -7.9% $143.43 6,830 08 Feb 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 +3,400 $0.000000 3,400 08 Feb 2024 Common Stock 3,400 $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.