Sec Form 4 Filing - SHEPSTON MICHELLE H @ DMC Global Inc. - 2022-02-26

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
SHEPSTON MICHELLE H
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)
Chief Legal Officer
(Last) (First) (Middle)
C/O DMC GLOBAL INC., 11800 RIDGE PARKWAY, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
02/26/2022
(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 02/26/2022 M 119 A $ 0 18,138 D
Common Stock 02/26/2022 F 119( 1 ) D $ 31.97 18,019 D
Common Stock 02/26/2022 M 47 A $ 0 18,066 D
Common Stock 02/26/2022 F 24( 1 ) D $ 31.97 18,042 D
Common Stock 02/26/2022 M 125 A $ 0 18,167 D
Common Stock 02/26/2022 F 125( 1 ) D $ 31.97 18,042 D
Common Stock 100 I By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, o ptions, 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
Deferred Stock ( 2 ) 02/26/2022 M 119 ( 3 ) ( 4 ) Common Stock 119 $ 0 3,281 D
Performance Share Units ( 5 ) 02/26/2022 M 47 ( 6 ) ( 6 ) Common Stock 47 $ 0 119 D
Deferred Stock ( 2 ) 02/26/2022 M 125 ( 7 ) ( 7 ) Common Stock 125 $ 0 3,156 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SHEPSTON MICHELLE H
C/O DMC GLOBAL INC.
11800 RIDGE PARKWAY, SUITE 300
BROOMFIELD, CO80021
Chief Legal Officer
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 vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
( 3 )3,661 shares of Deferred Stock were granted on February 26, 2019, and vest in equal amounts over 3 years on the grant date anniversary.
( 4 )The Deferred Stock will be delivered to the reporting person in equal amounts annually over 2 years beginning March 1, 2027 if employed, or in a lump sum upon separation from service. The reporting person may transfer the Deferred Stock into an alternative investment six months and one day following vesting of the Deferred Stock.
( 5 )Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
( 6 )On February 26, 2019, 1,830 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 47 PSUs vested based on performance conditions.
( 7 )The Deferred Stock will be delivered to the reporting person in equal amounts annually over 3 years beginning March 1, 2023 if employed, or in a lump sum upon separation from service. The reporting person may transfer the Deferred Stock into an alternative investment six months and one day following vesting of the Deferred Stock.

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