Michelle H. Shepston - 23 Feb 2024 Form 4 Insider Report for DMC Global Inc. (BOOM)

Role: Chief Legal Officer
Signature: /s/ Lindsey Rhodes, by Power of Attorney
Issuer symbol: BOOM
Transactions as of: 23 Feb 2024
Net transactions value: -$13,778
Form type: 4
Filing time: 26 Feb 2024, 16:59:16 UTC
Previous filing: 06 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	Tax liability	$5,511	-316	-0.8%	$17.44	39,061	23 Feb 2024	Direct	F1
transaction	BOOM	Common Stock	Options Exercise	$0	+958	+2.5%	$0.000000	40,019	23 Feb 2024	Direct
transaction	BOOM	Common Stock	Tax liability	$8,267	-474	-1.2%	$17.44	39,545	23 Feb 2024	Direct	F1
holding	BOOM	Common Stock						100	23 Feb 2024	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	Options Exercise	$0	-958	-100%	$0.000000^*	0	23 Feb 2024	Common Stock	958		Direct	F2, F3

* 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, 1,918 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 958 PSUs vested based on performance conditions.