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DMC Global Inc. — Director's Dealing 2021
Mar 1, 2021
33808_dirs_2021-03-01_9c073373-6df6-42a8-9795-7cda1de611cb.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: 2021-02-25
Reporting Person: SHEPSTON MICHELLE H (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | S | 1461 | $65.06 | Disposed | 15847 | Direct |
| 2021-02-26 | Common Stock | M | 133 | — | Acquired | 15980 | Direct |
| 2021-02-26 | Common Stock | F | 133 | $64.53 | Disposed | 15847 | Direct |
| 2021-02-26 | Common Stock | M | 43 | — | Acquired | 15890 | Direct |
| 2021-02-26 | Common Stock | F | 43 | $64.53 | Disposed | 15847 | Direct |
| 2021-02-27 | Common Stock | M | 6000 | — | Acquired | 21847 | Direct |
| 2021-02-27 | Common Stock | F | 2635 | $62.99 | Disposed | 19212 | Direct |
| 2021-02-27 | Common Stock | F | 878 | $62.99 | Disposed | 18334 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-26 | Deferred Stock | $ | M | 133 | Disposed | Common Stock (133.0) | Direct | |
| 2021-02-26 | Deferred Stock | $ | M | 43 | Disposed | Common Stock (43.0) | Direct | |
| 2021-02-27 | Performance Share Units | $ | M | 6000 | Acquired | Common Stock (6000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 100 | Indirect |
Footnotes
F1: Represents withholding of shares to satisfy tax obligations upon the vesting of Deferred Stock.
F2: Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
F3: Each vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
F4: The Deferred Stock will vest in equal amounts over 3 years beginning February 26, 2019.
F5: The Deferred Stock will be delivered to the reporting person in equal amounts annually over 2 years beginning March 1, 2027 if employed, or 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: The Deferred Stock will be delivered to the reporting person in equal amounts annually over 3 years beginning March 1, 2023 if employed, or 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.
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 27, 2018, 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 2018 through 2020, 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.