Ian Grieves - 23 Feb 2024 Form 4 Insider Report for DMC Global Inc. (BOOM)

Role
Pres & Mng Dir, DynaEnergetics
Signature
/s/ Lindsey Rhodes, by Power of Attorney
Issuer symbol
BOOM
Transactions as of
23 Feb 2024
Net transactions value
-$16,638
Form type
4
Filing time
26 Feb 2024, 16:51:53 UTC
Previous filing
16 Mar 2023
Next filing
01 Mar 2024
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 +1,290 +2.1% $0.000000 61,309 23 Feb 2024 Direct
transaction BOOM Common Stock Tax liability $9,976 -572 -0.93% $17.44 60,737 23 Feb 2024 Direct F1
transaction BOOM Common Stock Options Exercise $0 +860 +1.4% $0.000000 61,597 23 Feb 2024 Direct
transaction BOOM Common Stock Tax liability $6,662 -382 -0.62% $17.44 61,215 23 Feb 2024 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 Options Exercise $0 -1,290 -100% $0.000000* 0 23 Feb 2024 Common Stock 1,290 Direct F2, F3
transaction BOOM Restricted Stock Units Options Exercise $0 -860 -100% $0.000000* 0 23 Feb 2024 Common Stock 860 Direct F4, F5
* 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 On February 23, 2021, 2,582 PSUs were granted and the vesting and award of Issuer's common stock was contingent upon achievement of specified performance targets over the three year period from 2021 through 2023, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded. The Issuer determined that 1,290 PSUs vested based on performance conditions.
F4 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
F5 On February 23, 2021, 2,582 Restricted Stock Units ("RSUs") were granted to the reporting person. 861 of these RSUs vested on February 23, 2022 , 861 RSUs vested on February 23, 2023, and the remaining 860 RSUs vested on February 23, 2024.