Michelle Shepston - Mar 2, 2022 Form 4/A - Amendment Insider Report for DMC Global Inc. (BOOM)

Signature
/s/ Andrew Nelson, by Power of Attorney
Stock symbol
BOOM
Transactions as of
Mar 2, 2022
Transactions value $
-$36,165
Form type
4/A - Amendment
Date filed
3/8/2022, 04:38 PM
Date Of Original Report
Mar 4, 2022
Previous filing
Mar 3, 2022
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOM Common Stock Award $0 +6.46K +35.81% $0.00 24.5K Mar 2, 2022 Direct F1
transaction BOOM Common Stock Award $0 +9.12K +37.21% $0.00 33.6K Mar 2, 2022 Direct F2
transaction BOOM Common Stock Tax liability -$36.2K -1.34K -3.97% $27.09 32.3K Mar 2, 2022 Direct F3
holding BOOM Common Stock 100 Mar 2, 2022 By Spouse

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 +6.46K $0.00 6.46K Mar 2, 2022 Common Stock 6.46K Direct F4, F5
* 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 One-third of this stock award vested immediately and two-thirds will vest on March 2, 2024.
F3 Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award.
F4 Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
F5 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.

Remarks:

This amendment corrects for shares withheld for taxes upon vesting of stock award granted and vested on March 2, 2022.