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DMC Global Inc. — Director's Dealing 2020
Mar 11, 2020
33808_dirs_2020-03-11_3e5de654-5dea-415b-82c3-f947290f7ba2.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: 2020-03-01
Reporting Person: SCHEATZLE JOHN EDGAR JR (President of NobelClad)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-01 | Common Stock | M | 1373 | — | Acquired | 15301 | Direct |
| 2020-03-01 | Common Stock | F | 367 | $36.06 | Disposed | 14934 | Direct |
| 2020-03-01 | Common Stock | M | 1426 | — | Acquired | 16360 | Direct |
| 2020-03-01 | Common Stock | F | 381 | $36.06 | Disposed | 15979 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-01 | Deferred Stock | $ | M | 1373 | Disposed | Common Stock (1373.0) | Direct | |
| 2020-03-01 | Deferred Stock | $ | M | 1426 | Disposed | Common Stock (1426.0) | Direct |
Footnotes
F1: Represents withholding of shares to satisfy tax obligations upon delivery of issuer stock that was previously deferred.
F2: Each vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
F3: 1,500 shares of Deferred Stock were granted on February 22, 2017 and vested in equal amounts over 3 years on the grant date anniversary.
F4: The Deferred Stock was delivered to the reporting person in a lump sum on March 1, 2020.
F5: On February 22, 2017, 3,000 PSUs were granted and the vesting and award of Issuer's common stock was contingent upon achievement of specified performance targets 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. The Issuer determined that the maximum performance conditions were fully satisfied, and as a result, 6,000 PSUs vested. The reporting person elected to defer 1,500 shares of the common stock awarded upon vesting of these PSUs.