Statement of Changes in Beneficial Ownership (4)
February 18 2020 - 4:24PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Harris Theodore L |
2. Issuer Name and Ticker or Trading Symbol
BALCHEM CORP
[
BCPC
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President & CFO |
(Last)
(First)
(Middle)
C/O BALCHEM CORPORATION, 52 SUNRISE PARK ROAD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/13/2020 |
(Street)
NEW HAMPTON, NY 10958
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 2/13/2020 | | A | | 5030 (1) | A | $0 | 49031 | D | |
Common Stock | 2/13/2020 | | A | | 4371 (2) | A | $0 | 53402 | D | |
Common Stock | 2/13/2020 | | F | | 2147 (3) | D | $111.49 | 51255 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option | $111.92 | 2/13/2020 | | A | | 24500 | | (4) | 2/13/2030 | Common Stock | 24500 | $0 | 131880 | D | |
Explanation of Responses: |
(1) | Ownership of the restricted stock does not vest in reporting person until three years from the grant date and is further subject to restrictions on transfer in accordance with the provisions of a Restricted Stock Grant Agreement between the Company and the reporting person. |
(2) | Acquired upon the settlement of performance shares granted on February 21, 2017 based upon a predetermined EBITDA performance target and total shareholder return against the Russell 2000 Index over a three-year period under the Company's Second Amended and Restated 1999 Stock Plan (as amended and restated effective June 20, 2013) as a result of the satisfaction of those performance criteria. |
(3) | 2,114 of the 4,371 shares that vested February 13, 2020 were withheld to cover withholding taxes due upon vesting. |
(4) | Options vest 20% Year 1; 40% Year 2; and 40% Year 3. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Harris Theodore L C/O BALCHEM CORPORATION 52 SUNRISE PARK ROAD NEW HAMPTON, NY 10958 |
|
| President & CFO |
|
Signatures
|
/s/ Theodore L Harris, by Attorney in Fact, Mark Stach | | 2/18/2020 |
**Signature of Reporting Person | Date |
Balchem (NASDAQ:BCPC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Balchem (NASDAQ:BCPC)
Historical Stock Chart
From Sep 2023 to Sep 2024