DMC Global Inc. — Director's Dealing 2020

Feb 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DMC Global Inc. (BOOM)
CIK: 0000034067
Period of Report: 2020-02-26

Reporting Person: Grieves Ian (Pres & Gen Mgr, DynaEnergetics)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-26	Common Stock	M	1526	—	Acquired	40507	Direct
2020-02-26	Common Stock	F	725	$37.76	Disposed	39782	Direct
2020-02-27	Common Stock	M	2000	—	Acquired	41782	Direct
2020-02-27	Common Stock	F	950	$36.90	Disposed	40832	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-26	Restricted Stock Units	$	A	4635	Acquired		Common Stock (4635.0)	Direct
2020-02-26	Performance Share Units	$	A	4635	Acquired		Common Stock (4635.0)	Direct
2020-02-26	Restricted Stock Units	$	M	1526	Disposed		Common Stock (1526.0)	Direct
2020-02-27	Restricted Stock Units	$	M	2000	Disposed		Common Stock (2000.0)	Direct

Footnotes

F1: Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.

F2: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.

F3: One-third of these RSUs will vest on each of the first, second and third 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 2020 through 2022, 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, 2022.

F6: On February 26,2019, 4,576 RSUs were granted to the reporting person. 1,526 of these RSUs vested on February 26, 2020, another 1,525 RSUs will vest on February 26, 2021, and the remaining 1,525 RSUs will vest on February 26, 2022.

F7: On February 27, 2018, 6,000 RSUs were granted to the reporting person. 2,000 of these RSUs vested on February 27, 2019, another 2,000 RSUs vested on February 27, 2020, and the remaining 2,000 RSUs will vest on February 27, 2021.