Antoine Nobili - Feb 28, 2024 Form 4 Insider Report for DMC Global Inc. (BOOM)

Role
President of NobelClad
Signature
/s/ Lindsey Rhodes, by Power of Attorney
Stock symbol
BOOM
Transactions as of
Feb 28, 2024
Transactions value $
$0
Form type
4
Date filed
3/1/2024, 05:04 PM
Previous filing
Feb 26, 2024
Next filing
Mar 5, 2024

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 +3.46K $0.00 3.46K Feb 28, 2024 Common Stock 3.46K Direct F1, F2
transaction BOOM Performance Share Units Award $0 +3.46K $0.00 3.46K Feb 28, 2024 Common Stock 3.46K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 total shareholder return ("TSR") relative to the TSR of the S&P Small Cap 600 Industrials index achieved over the three-year period from 2024 through 2026, 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, on the third anniversary of grant, if at all, after the performance period ending December 31, 2026.