Sec Form 4 Filing - Grieves Ian @ DMC Global Inc. - 2022-02-23

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Grieves Ian
2. Issuer Name and Ticker or Trading Symbol
DMC Global Inc. [ BOOM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Pres & Mng Dir, DynaEnergetics
(Last) (First) (Middle)
C/O DMC GLOBAL INC., 11800 RIDGE PARKWAY, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
02/23/2022
(Street)
BROOMFIELD, CO80021
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/23/2022 M 861 A $ 0 55,670 D
Common Stock 02/23/2022 F 409( 1 ) D $ 34.07 55,261 D
Common Stock 02/26/2022 M 1,525 A $ 0 56,786 D
Common Stock 02/26/2022 F 724( 1 ) D $ 31.97 56,062 D
Common Stock 02/26/2022 M 1,545 A $ 0 57,607 D
Common Stock 02/26/2022 F 734( 1 ) D $ 31.97 56,873 D
Common Stock 02/26/2022 M 58 A $ 0 56,931 D
Common Stock 02/26/2022 F 28( 1 ) D $ 31.97 56,903 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 2 ) 02/23/2022 M 861 ( 3 ) ( 3 ) Common Stock 861 $ 0 1,721 D
Restricted Stock Units ( 2 ) 02/26/2022 M 1,525 ( 4 ) ( 4 ) Common Stock 1,525 $ 0 0 D
Restricted Stock Units ( 2 ) 02/26/2022 M 1,545 ( 5 ) ( 5 ) Common Stock 1,545 $ 0 1,545 D
Performance Share Units ( 6 ) 02/26/2022 M 58 ( 7 ) ( 7 ) Common Stock 58 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Grieves Ian
C/O DMC GLOBAL INC.
11800 RIDGE PARKWAY, SUITE 300
BROOMFIELD, CO80021
Pres & Mng Dir, DynaEnergetics
Signatures
/s/ Andrew Nelson, by Power of Attorney 03/03/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award.
( 2 )Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
( 3 )On February 23, 2021, 2,582 RSUs were granted to the reporting person. 861 of these RSUs vested on February 23, 2022, 861 vested on February 23, 2023, and 860 will vest on February 23, 2024.
( 4 )The RSUs are fully vested.
( 5 )On February 26, 2020, 4,635 RSUs were granted to the reporting person. One-third of these RSUs will vest on each of the first, second and third anniversaries of the grant date.
( 6 )Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
( 7 )On February 26, 2019, 2,288 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 2019 through 2021, 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 58 PSUs vested based on performance conditions.

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