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

Role: President of NobelClad
Signature: /s/ Andrew Nelson, by Power of Attorney
Issuer symbol: BOOM
Transactions as of: 02 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2022, 15:01:49 UTC
Previous filing: 30 Aug 2021
Next filing: 10 Mar 2022
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	+667	+6.3%	$0.000000	11,334	02 Mar 2022	Direct

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	+1,846		$0.000000	1,846	02 Mar 2022	Common Stock	1,846		Direct	F1, F2
transaction	BOOM	Restricted Stock Units	Award	$0	+1,846		$0.000000	1,846	02 Mar 2022	Common Stock	1,846		Direct	F3, F4
transaction	BOOM	Restricted Stock Units	Options Exercise	$0	-667	-67%	$0.000000	333	02 Mar 2022	Common Stock	667		Direct	F3, F5

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

Explanation of Responses:

Id	Content
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.