DMC Global Inc. — Director's Dealing 2021

Feb 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DMC Global Inc. (BOOM)
CIK: 0000034067
Period of Report: 2021-02-23

Reporting Person: Nobili Antoine (President of NobelClad)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-23	Restricted Stock Units	$	A	738	Acquired		Common Stock (738.0)	Direct
2021-02-23	Performance Share Units	$	A	738	Acquired		Common Stock (738.0)	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.

F2: Two-thirds of these RSUs will vest on the second anniversary and one-third of these RSUs will vest on the third anniversary of the grant date.

F3: Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.

F4: The number of PSUs that will vest and the number of shares of Issuer's common stock that will be awarded, if any, is contingent on the Issuer's average Adjusted EBITDA as compared to target Adjusted EBITDA and the Issuer's total shareholder return ("TSR") relative to the TSR of identified peer companies achieved over the three year period from 2021 through 2023, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded. This PSU award will cliff vest, if at all, after the performance period ending December 31, 2023.