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DMC Global Inc. — Director's Dealing 2018
Mar 2, 2018
33808_dirs_2018-03-01_3c069aa9-f9e8-445d-b902-395adc16f7c8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DMC Global Inc. (BOOM)
CIK: 0000034067
Period of Report: 2018-02-27
Reporting Person: SHEPSTON MICHELLE H (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-27 | Common Stock | A | 6000 | — | Acquired | 20247 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-27 | Performance Share Units | $ | A | 3000 | Acquired | Common Stock (3000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 100 | Indirect |
Footnotes
F1: This stock award is subject to the lapse of time-based restrictions. The restrictions will lapse with respect to one-third of the shares in equal amounts on each of the first, second and third anniversaries of the grant date.
F2: The reporting person disclaims beneficial ownership of these shares owned by her spouse.
F3: Each Performance Share Unit ("PSU") represents the right to receive one share of common stock based on certain vesting conditions. The number of PSUs reported equals the target number awarded on February 27, 2018.
The actual number of shares of common stock that may vest, if any, is contingent on the Company's average Adjusted EBITDA as compared to target Adjusted EBITDA and the Company's total shareholder return ("TSR")
relative to the TSR of identified peer companies achieved over the three year period from 2018 through 2020, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs
awarded. This 2018 PSU award will cliff vest, if at all, after the performance period ending December 31, 2020.