AI assistant
DMC Global Inc. — Director's Dealing 2019
Feb 21, 2019
33808_dirs_2019-02-20_77850c0a-1374-4a25-b228-922948dae262.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DMC Global Inc. (BOOM)
CIK: 0000034067
Period of Report: 2019-02-18
Reporting Person: Grieves Ian (Pres & Gen Mgr, DynaEnergetics)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-18 | Common Stock | M | 1784 | — | Acquired | 23062 | Direct |
| 2019-02-18 | Common Stock | D | 750 | $35.13 | Disposed | 22312 | Direct |
| 2019-02-18 | Common Stock | M | 3966 | — | Acquired | 26278 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-18 | Restricted Stock Units | $ | M | 1784 | Disposed | Common Stock (1784) | Direct | |
| 2019-02-18 | Restricted Stock Units | $ | M | 3966 | Disposed | Common Stock (3966) | Direct |
Footnotes
F1: On February 18, 2016, 5,354 RSUs were granted to the reporting person. 1,785 of these RSUs vested on February 18, 2017, another 1,785 RSUs vested on February 18, 2018, and the remaining 1,784 RSUs vested on February 18, 2019. The reporting person settled 42% of these latter RSUs for cash and 58% of these RSUs for common stock of the Issuer.
F2: On February 18, 2016, 10,667 RSUs were granted to the reporting person. 2,667 of these RSUs vested on February 18, 2017, and another 2,667 of these RSUs vested on February 18, 2018. The vesting of the remaining 5,333 RSUs was conditioned upon achievement of specfied performance targets. The Issuer determined that the performance conditions were only partially satsfied, and as a result, 3,966 of the RSUs of the original grant vested and 1,367 were forfeited.
F3: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.