Stach Mark A 4
4 · BALCHEM CORP · Filed Feb 16, 2021
Insider Transaction Report
Form 4
BALCHEM CORPBCPC
Stach Mark A
General Counsel and Secretary
Transactions
- Tax Payment
Common Stock
2021-02-11$119.13/sh−800$95,304→ 6,906 total - Award
Common Stock
2021-02-11+720→ 5,940 total - Award
Common Stock
2021-02-11+1,766→ 7,706 total - Award
Stock Option
2021-02-11+2,600→ 16,300 totalExercise: $119.13Exp: 2031-02-12→ Common Stock (2,600 underlying)
Footnotes (4)
- [F1]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.
- [F2]Acquired upon the settlement of performance shares granted on February 15, 2018 based upon a predetermined EBITDA performance target and total shareholder return against the Russell 2000 Index over a three-year period as a result of the satisfaction of those performance criteria.
- [F3]800 of the 1,766 shares that vested February 11, 2021 were withheld to cover withholding taxes due upon vesting.
- [F4]Options vest 20% Year 1; 40% Year 2; and 40% Year 3.