Ian Grieves - 02 Mar 2022 Form 4 Insider Report for DMC Global Inc. (BOOM)

Role
Pres & Mng Dir, DynaEnergetics
Signature
/s/ Andrew Nelson, by Power of Attorney
Issuer symbol
BOOM
Transactions as of
02 Mar 2022
Net transactions value
-$15,821
Form type
4
Filing time
04 Mar 2022, 14:59:02 UTC
Previous filing
03 Mar 2022
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOM Common Stock Options Exercise $0 +1,230 +2.2% $0.000000 58,133 02 Mar 2022 Direct
transaction BOOM Common Stock Tax liability $15,821 -584 -1% $27.09 57,549 02 Mar 2022 Direct F1

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 +6,460 $0.000000 6,460 02 Mar 2022 Common Stock 6,460 Direct F2, F3
transaction BOOM Restricted Stock Units Award $0 +6,460 $0.000000 6,460 02 Mar 2022 Common Stock 6,460 Direct F4, F5
transaction BOOM Restricted Stock Units Award $0 +3,691 $0.000000 3,691 02 Mar 2022 Common Stock 3,691 Direct F4, F6
transaction BOOM Restricted Stock Units Options Exercise $0 -1,230 -33% $0.000000 2,461 02 Mar 2022 Common Stock 1,230 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award.
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 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.
F4 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
F5 One-third of these RSUs will vest on each of the first, second and third anniversaries of the grant date.
F6 One-third of the award vested immediately and two-thirds will vest on March 2, 2024.