Antoine Nobili - 14 Mar 2023 Form 4 Insider Report for DMC Global Inc. (BOOM)

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	Restricted Stock Units	Award	$0	+2,714		$0.000000	2,714	14 Mar 2023	Common Stock	2,714		Direct	F1, F2
transaction	BOOM	Performance Share Units	Award	$0	+2,714		$0.000000	2,714	14 Mar 2023	Common Stock	2,714		Direct	F3, F4

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

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
F2	Two-thirds of these RSUs will vest on the second anniversary and one-third of these RSUs will vest on the third anniversary of the grant date.
F3	Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
F4	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 2023 through 2025, 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, 2025.