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DMC Global Inc. — Director's Dealing 2021
Mar 1, 2021
33808_dirs_2021-03-01_eb8814c7-99ba-4a15-abc2-b5043619ddf8.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: 2021-02-26
Reporting Person: LONGE KEVIN T (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-26 | Common Stock | F | 6455 | $64.53 | Disposed | 46699 | Direct |
| 2021-02-26 | Common Stock | S | 8417 | $63.94 | Disposed | 38282 | Direct |
| 2021-02-27 | Common Stock | M | 666 | — | Acquired | 38948 | Direct |
| 2021-02-27 | Common Stock | F | 666 | $62.99 | Disposed | 38282 | Direct |
| 2021-02-27 | Common Stock | M | 222 | — | Acquired | 38504 | Direct |
| 2021-02-27 | Common Stock | F | 222 | $62.99 | Disposed | 38282 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-27 | Performance Share Units | $ | M | 20000 | Disposed | Common Stock (20000.0) | Direct | |
| 2021-02-27 | Deferred Stock | $ | M | 19334 | Acquired | Common Stock (19334.0) | Direct | |
| 2021-02-27 | Deferred Stock | $ | M | 222 | Disposed | Common Stock (222.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 940.072 | Indirect |
Footnotes
F1: Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
F2: This price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $63.20 to $64.15, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this Form 4.
F3: Represents withholding of shares to satisfy tax obligations upon the vesting of Deferred Stock.
F4: Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
F5: On February 27, 2018, 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 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, 20,000 PSUs vested The reporting person elected to defer the common stock awarded upon vesting of these PSUs.
F6: 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.
F7: Each vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
F8: The Deferred Stock is fully vested.