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DMC Global Inc. — Director's Dealing 2022
Mar 3, 2022
33808_dirs_2022-03-03_8a3c02e2-9796-4b40-a0bd-2f1290c1c718.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: 2022-02-26
Reporting Person: KUTA MICHAEL (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-26 | Common Stock | M | 64 | — | Acquired | 10046 | Direct |
| 2022-02-26 | Common Stock | F | 64 | $31.97 | Disposed | 9982 | Direct |
| 2022-02-26 | Common Stock | F | 1279 | $31.97 | Disposed | 8703 | Direct |
| 2022-02-26 | Common Stock | M | 3 | — | Acquired | 8706 | Direct |
| 2022-02-26 | Common Stock | F | 3 | $31.07 | Disposed | 8703 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-26 | Deferred Stock | $ | M | 64 | Disposed | Common Stock (64.0) | Direct | |
| 2022-02-26 | Performance Share Units | $ | M | 74 | Disposed | Common Stock (74.0) | Direct | |
| 2022-02-26 | Deferred Stock | $ | M | 71 | Acquired | Common Stock (71.0) | Direct |
Footnotes
F1: Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award.
F2: Each vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
F3: The Deferred Stock is fully vested
F4: The Deferred Stock will be delivered to the reporting person in equal amounts annually over 5 years following separation from service, or in a lump sum if due to a change of control. The reporting person may transfer the Deferred Stock into an alternative investment six months and one day following vesting of the Deferred Stock.
F5: Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
F6: On February 26, 2019, 2,883 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 2019 through 2021, 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 74 PSUs vested based on performance conditions. The reporting person elected to defer the common stock awarded upon vesting of these PSUs.
F7: 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.