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DMC Global Inc. — Director's Dealing 2019
Mar 6, 2019
33808_dirs_2019-03-06_837425a4-c47d-468b-b1be-3385cdc6c380.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: DMC Global Inc. (BOOM)
CIK: 0000034067
Period of Report: 2019-02-26
Reporting Person: Grieves Ian (Pres & Gen Mgr, DynaEnergetics)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-26 | Restricted Stock Units | $ | A | 4576 | Acquired | Common Stock (4576) | Direct | |
| 2019-02-26 | Performance Share Units | $ | A | 2288 | Acquired | Common Stock (2288) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
F2: One-third of these RSUs will vest on each of the first, second and third anniversaries of the grant date.
F3: Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
F4: 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 2019 through 2021, 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, 2021.