Reid Martin Luther 4
4 · BALCHEM CORP · Filed Feb 12, 2024
Insider Transaction Report
Form 4
BALCHEM CORPBCPC
Reid Martin Luther
SVP Chief Supply Chain Officer
Transactions
- Award
Common Stock
2024-02-08+3,063→ 8,518 total - Tax Payment
Common Stock
2024-02-08$143.43/sh−1,106$158,634→ 7,412 total - Tax Payment
Common Stock
2024-02-08$143.43/sh−582$83,476→ 6,830 total - Award
Common Stock
2024-02-08+1,050→ 5,455 total - Award
Stock Option
2024-02-08+3,400→ 3,400 totalExercise: $143.43Exp: 2034-02-08→ Common Stock (3,400 underlying)
Footnotes (6)
- [F1]Ownership of restricted stock vests in Reporting Person 3 years following 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]Includes acquisition of shares under the Balchem Corporation 401(k) plan.
- [F3]Represents the vesting of performance stock units (includes 47 dividend equivalent shares) for the 2021-2023 performance period.
- [F4]1,106 of the 3,063 performance stock units that vested on February 8, 2024 were withheld to cover tax requirement due upon vesting.
- [F5]Reflects shares that were withheld to cover withholding taxes due upon vesting of restricted shares (granted on 2/8/2021)
- [F6]Options vest 20% Year 1; 40% Year 2: and 40% Year 3.