Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

DMC Global Inc. Director's Dealing 2020

Feb 26, 2020

33808_dirs_2020-02-25_67d1c137-48a5-44aa-9e12-f5a23abf4877.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DMC Global Inc. (BOOM)
CIK: 0000034067
Period of Report: 2020-02-22

Reporting Person: KUTA MICHAEL (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-22 Common Stock M 208 Acquired 1172 Direct
2020-02-22 Common Stock F 208 $39.42 Disposed 964 Direct
2020-02-22 Common Stock M 342 Acquired 1306 Direct
2020-02-22 Common Stock F 342 $39.42 Disposed 964 Direct
2020-02-22 Common Stock M 240 Acquired 1204 Direct
2020-02-22 Common Stock F 240 $39.42 Disposed 964 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-22 Deferred Stock $ M 208 Acquired Common Stock (208.0) Direct
2020-02-22 Deferred Stock $ M 342 Acquired Common Stock (342.0) Direct
2020-02-22 Performance Share Units $ M 8000 Disposed Common Stock (8000.0) Direct
2020-02-22 Deferred Stock $ M 7760 Acquired Common Stock (7760.0) Direct

Footnotes

F1: Includes 699 shares acquired under the Issuer's ESPP on June 28, 2019.

F2: Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.

F3: Each share of Deferred Stock represents the right to receive one share of the Issuer's common stock.

F4: 8,000 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 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.

F6: 35,000 shares of Deferred Stock were granted February 22, 2017. 11,666 shares vested on February 22, 2020, another 11,667 will vest on February 22, 2021, and 11,6667 will vest on February 22, 2022.

F7: Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.

F8: On February 22, 2017, 4,000 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, 8,000 PSUs vested. The reporting person elected to defer the common stock awarded upon vesting of these PSUs.