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DMC Global Inc. — Director's Dealing 2020
Feb 26, 2020
33808_dirs_2020-02-25_c941052d-cf57-4e00-9519-40a91e09ec50.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: Grieves Ian (Pres & Gen Mgr, DynaEnergetics)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-22 | Common Stock | M | 2000 | — | Acquired | 28988 | Direct |
| 2020-02-22 | Common Stock | D | 840 | $39.42 | Disposed | 28148 | Direct |
| 2020-02-22 | Common Stock | M | 6000 | — | Acquired | 34148 | Direct |
| 2020-02-22 | Common Stock | M | 8333 | — | Acquired | 42481 | Direct |
| 2020-02-22 | Common Stock | D | 3500 | $39.42 | Disposed | 38981 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-22 | Restricted Stock Units | $ | M | 2000 | Disposed | Common Stock (2000.0) | Direct | |
| 2020-02-22 | Performance Share Units | $ | M | 6000 | Disposed | Common Stock (6000.0) | Direct | |
| 2020-02-22 | Restricted Stock Units | $ | M | 8333 | Disposed | Common Stock (8333.0) | Direct |
Footnotes
F1: On February 22, 2019, 6,000 Restricted Stock Units ("RSUs") were granted to the reporting person. 2,000 of these RSUs vested on February 22, 2018, another 2,000 RSUs vested on February 22, 2019, and 2,000 RSUs vested on February 22, 2020. The reporting person settled 42% of the RSUs that vested on February 22, 2020 for cash and 58% of these RSUs for common stock of the Issuer.
F2: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
F3: 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.
F4: Each Performance Share Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
F5: On February 22, 2017, 25,000 Restricted Stock Units ("RSUs") were granted to the reporting person. 8,333 of these RSUs vested on February 22, 2020, another 8,333 RSUs are scheduled to vest on February 22, 2021, and the remaining 8,334 RSUs are scheduled to vest on February 22, 2022. On February 22, 2019, 6,000 Restricted Stock Units ("RSUs") were granted to the reporting person. 2,000 of these RSUs vested on February 22, 2018, another 2,000 RSUs vested on February 22, 2019, and 2,000 RSUs vested on February 22, 2020. The reporting person settled 42% of the RSUs that vested on February 22, 2020 for cash and 58% of these RSUs for common stock of the Issuer.