Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

DMC Global Inc. Director's Dealing 2017

Feb 25, 2017

33808_dirs_2017-02-24_3a191018-3167-4f9f-be7e-8860605f3f62.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DMC Global Inc. (BOOM)
CIK: 0000034067
Period of Report: 2017-02-22

Reporting Person: Grieves Ian (General Mgr of DYNAenergetics)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-02-22 Restricted Stock Units $ A 6000 Acquired Common Stock (6000) Direct
2017-02-22 Restricted Stock Units $ A 25000 Acquired Common Stock (25000) Direct
2017-02-22 Performance Share Units $ A 3000 Acquired Common Stock (3000) Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock.

F2: One-third of these RSUs will vest on each of the first, second and third anniversaries of the grant date.

F3: One-third of these RSUs will vest on each of the third, fourth and fifth anniversaries of the grant date.

F4: Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.

F5: The number of PSUs that will vest and the number of shares of Issuer's common stock that will be awarded, if any, is contingent on the Issuer's average Adjusted EBITDA as compared to target Adjusted EBITDA and the Issuer's total shareholder return ("TSR") relative to the TSR of identified peer companies achieved over the three year period from 2017 through 2019, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded. This PSU award will cliff vest, if at all, after the performance period ending December 31, 2019.