Brett A. Seger - 14 Mar 2024 Form 4 Insider Report for DMC Global Inc. (BOOM)

Signature
/s/ Lindsey Rhodes, by Power of Attorney
Issuer symbol
BOOM
Transactions as of
14 Mar 2024
Net transactions value
-$12,527
Form type
4
Filing time
18 Mar 2024, 17:29:37 UTC
Previous filing
11 Mar 2024
Next filing
30 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOM Common Stock Award $0 +5,351 +41% $0.000000 18,370 14 Mar 2024 Direct F1
transaction BOOM Common Stock Tax liability $12,527 -715 -3.9% $17.52 17,655 14 Mar 2024 Direct F2

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 +1,784 $0.000000 1,784 14 Mar 2024 Common Stock 1,784 Direct F3, F4
* 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 each of the first, second and third anniversaries of the grant date.
F2 Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award.
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