Michael Kuta - Mar 6, 2024 Form 4 Insider Report for DMC Global Inc. (BOOM)

Role
President and CEO
Signature
/s/ Lindsey Rhodes, by Power of Attorney
Stock symbol
BOOM
Transactions as of
Mar 6, 2024
Transactions value $
$0
Form type
4
Date filed
3/11/2024, 04:36 PM
Previous filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOM Common Stock Award $0 +23.8K +23.74% $0.00 124K Mar 6, 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 Award $0 +23.8K $0.00 23.8K Mar 6, 2024 Common Stock 23.8K Direct F2, F3
* 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 February 28, 2025, 2026, and 2027, respectively.
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 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 February 28, 2027, if at all, after the performance period ending December 31, 2026.