Martin Luther Reid - Feb 12, 2025 Form 4/A - Amendment 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 12, 2025
Transactions value $
-$172,765
Form type
4/A - Amendment
Date filed
4/11/2025, 06:38 PM
Date Of Original Report
Feb 14, 2025
Previous filing
Feb 12, 2025
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 +1K +17.36% $0.00 6.76K Feb 12, 2025 Direct F1
transaction BCPC Common Stock Award $0 +2.89K +42.73% $0.00 9.65K Feb 13, 2025 Direct F2
transaction BCPC Common Stock Tax liability -$173K -1.06K -10.97% $163.14 8.59K Feb 13, 2025 Direct F3
holding BCPC Common Stock 561 Feb 12, 2025 401(k) Plan

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 +3.3K $0.00 3.3K Feb 12, 2025 Common Stock 3.3K $159.18 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 ratably over a 3-year period (25% on the first anniversary of the grant date, 25% on the second anniversary of the grant date, and 50% on the third anniversary of 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 47 dividend equivalent shares) for the 2022-2024 performance period.
F3 1,059 of the 2,889 performance stock units that vested on February 13, 2025 were withheld to cover tax requirement due upon vesting.
F4 Options vest 20% Year 1; 40% Year 2; and 40% Year 3.

Remarks:

This Form 4/A amends and restates the original Form 4 filed on February 14, 2025, which inadvertently noted the vesting period for restricted stock as 3 years from the grant date, instead of a ratable vesting over a 3-year period.