James Schladen - Mar 2, 2022 Form 4 Insider Report for DMC Global Inc. (BOOM)

Role: President of Arcadia
Signature: Andrew Nelson, by Power of Attorney
Stock symbol: BOOM
Transactions as of: Mar 2, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/4/2022, 02:55 PM
Previous filing: Jan 7, 2022
Next filing: Mar 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOOM	Common Stock	Award	$0	+20.3K		$0.00	20.3K	Mar 2, 2022	Direct	F1
holding	BOOM	Common Stock						551K	Mar 2, 2022	BY SCHLADEN FAMILY TRUST

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BOOM	Performance Share Units	Award	$0	+20.3K		$0.00	20.3K	Mar 2, 2022	Common Stock	20.3K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This stock award is subject to the lapse of time-based restrictions. The restrictions will lapse with respect to one-third of the shares in equal amounts on each of the first, second and third anniversaries of the grant date.
F2	Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
F3	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 Arcadia'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.