SEC Form 4 · accession 0001140361-19-003563
BALCHEM CORP · BALCHEM CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David F Ludwig
Officer — Vice President
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 5:22 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 19, 2019 | F | 828 | $87.32 | D | 18,858 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 19, 2015, Balchem Corporation (the "Company") granted 1,695 restricted shares under the Company's Management Long Term Incentive Program. The stock was subject to a repurchase option in favor of the Company and to restrictions on transfer until it vested in accordance with the provisions of the Restricted Stock Purchase Agreement. On February 19, 2019, 828 of the 1,695 shares that vested February 19, 2019 were withheld to cover withholding taxes due upon vesting.
- F2Beneficial Ownership reconciled to reflect this transaction and those reported on Form 4 filed on February 15, 2018.