Job Leonard van Gunsteren - Feb 8, 2024 Form 4 Insider Report for BALCHEM CORP (BCPC)

Signature
/s/ Travis Larsen, Attorney in Fact for Job Leonard van Gunsteren
Stock symbol
BCPC
Transactions as of
Feb 8, 2024
Transactions value $
-$137,263
Form type
4
Date filed
2/12/2024, 07:04 PM
Previous filing
Feb 15, 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 +470 +6.18% $0.00 8.07K Feb 8, 2024 Direct F1
transaction BCPC Common Stock Award $0 +1.7K +21.1% $0.00 9.78K Feb 8, 2024 Direct F2
transaction BCPC Common Stock Tax liability -$137K -957 -9.79% $143.43 8.82K Feb 8, 2024 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 +1.5K $0.00 1.5K Feb 8, 2024 Common Stock 1.5K $143.43 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 27 dividend equivalent shares) for the 2021-2023 performance period.
F3 957 of the 1,704 performance stock units that vested on February 8, 2024 were withheld to cover tax requirement due upon vesting.
F4 Options vest 20% Year 1; 40% Year 2: and 40% Year 3.