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: KUTA MICHAEL (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-26	Common Stock	A	8739	—	Acquired	9703	Direct
2020-02-26	Common Stock	M	58	—	Acquired	9761	Direct
2020-02-26	Common Stock	F	58	$37.76	Disposed	9703	Direct
2020-02-27	Common Stock	M	81	—	Acquired	9784	Direct
2020-02-27	Common Stock	F	81	$36.90	Disposed	9703	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-26	Performance Share Units	$	A	8739	Acquired		Common Stock (8739.0)	Direct
2020-02-26	Deferred Stock	$	M	58	Disposed		Common Stock (58.0)	Direct
2020-02-27	Deferred Stock	$	M	81	Disposed		Common Stock (81.0)	Direct

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: Represents withholding of shares to satisfy tax obligations upon the vesting of Deferred Stock.

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 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.

F5: Each share of Deferred Stock represents the right to receive one share of the Issuer's common stock.

F6: 5,766 shares of Deferred Stock were granted on February 26, 2019, and vest in equal amounts over 3 years on the grant date anniversary.

F7: The Deferred Stock will be delivered to the reporting person in equal amounts annually over 5 years following separation from service, or in a lump sum if due to a change of control. The reporting person may transfer the Deferred Stock into an alternative investment six months and one day following vesting of the Deferred Stock.

F8: 8,000 shares of Deferred Stock were granted on February 27, 2018, and vest in equal amounts over 3 years on the grant date anniversary.

F9: The Deferred Stock will be delivered to the reporting person in a lump sum upon separation from service. The reporting person may transfer the Deferred Stock into an alternative investment six months and one day following vesting of the Deferred Stock.