SEC Form 4 · accession 0001140361-16-055819
BALCHEM CORP · BALCHEM CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David F Ludwig
Officer — VP/Gen Mgr/ARC Spec Prods
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 5:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000009326
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 29, 2016 | F | 1,582 | $63.27 | D | 31,646 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 28, 2012, the Company granted 4,142 restricted shares under the Company's Management Long Term Incentive Program. The stock was subject to a repurchase option in favor of the Issuer and to restrictions on transfer until it vested in accordance with the provisions of the Restricted Stock Purchase Agreement on February 28, 2016. 1,582 of the 4,142 shares that vested February 28, 2016 were withheld to cover withholding taxes due upon vesting.
- F2This filing amends the "Amount of Securities Beneficially Owned Following Reported Transaction" to include the most current amount of shares owned directly by Mr. Ludwig in his 401(k)/profit sharing account.