DMC Global Inc. — Director's Dealing 2022

Mar 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DMC Global Inc. (BOOM)
CIK: 0000034067
Period of Report: 2022-03-02

Reporting Person: Nobili Antoine (President of NobelClad)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-02	Common Stock	M	667	—	Acquired	11334	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-02	Performance Share Units	$	A	1846	Acquired		Common Stock (1846.0)	Direct
2022-03-02	Restricted Stock Units	$	A	1846	Acquired		Common Stock (1846.0)	Direct
2022-03-02	Restricted Stock Units	$	M	667	Disposed		Common Stock (667.0)	Direct

Footnotes

F1: Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.

F2: 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 2022 through 2024, 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, 2024.

F3: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.

F4: One-third of these RSUs will vest on each of the first, second and third anniversaries of the grant date.

F5: On March 2, 2020, 1,000 RSUs were granted to the reporting person, and 667 of these RSUs vested on March 2, 2022 and the remaining 333 will vest on March 2, 2023.