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DMC Global Inc. — Director's Dealing 2020
Feb 26, 2020
33808_dirs_2020-02-25_1971e33b-a65c-4541-8b02-e14ba566d1c5.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: 2020-02-22
Reporting Person: LONGE KEVIN T (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-22 | Common Stock | M | 200 | — | Acquired | 17869 | Direct |
| 2020-02-22 | Common Stock | F | 200 | $39.42 | Disposed | 17669 | Direct |
| 2020-02-22 | Common Stock | M | 1000 | — | Acquired | 18669 | Direct |
| 2020-02-22 | Common Stock | F | 1000 | $39.42 | Disposed | 17669 | Direct |
| 2020-02-22 | Common Stock | M | 629 | — | Acquired | 18298 | Direct |
| 2020-02-22 | Common Stock | F | 629 | $39.42 | Disposed | 17669 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-22 | Deferred Stock | $ | M | 200 | Disposed | Common Stock (200.0) | Direct | |
| 2020-02-22 | Deferred Stock | $ | M | 1000 | Disposed | Common Stock (1000.0) | Direct | |
| 2020-02-22 | Performance Share Units | $ | M | 20000 | Disposed | Common Stock (20000.0) | Direct | |
| 2020-02-22 | Deferred Stock | $ | M | 19371 | Acquired | Common Stock (19371.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 50 | Indirect |
Footnotes
F1: Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
F2: The reporting person disclaims beneficial ownership of these shares owned by his spouse.
F3: Each vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
F4: 20,000 shares of Deferred Stock were granted on February 22, 2017 and vested in three equal installments beginning on February 22, 2018. The Deferred Stock is fully vested as of February 22, 2020.
F5: The remaining Deferred Stock will be delivered to the reporting person in equal amounts annually over 5 years following 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.
F6: 100,000 shares of Deferred Stock were granted February 22, 2017. 33,333 shares vested on February 22, 2020, another 33,337 will vest on February 22, 2021, and 33,337 will vest on February 22, 2022.
F7: On February 22, 2017, 10,000 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, 20,000 PSUs vested The reporting person elected to defer the common stock awarded upon vesting of these PSUs.