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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * KUTA MICHAEL 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 Financial Officer
(Last)         (First)         (Middle)
C/O DMC GLOBAL INC., 11800 RIDGE PARKWAY, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)
2/22/2021
(Street)
BROOMFIELD, CO 80021
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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  2/22/2021    M    475  A $0  19770  D   
Common Stock  2/22/2021    F    475 (1) D $64.40  19295  D   
Common Stock  2/23/2021    S    556  D $67.84  18739  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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) 2/22/2021    M        475    (3)  (4) Common Stock  475.0  $0  34183  D   
Deferred Stock   (2) 2/23/2021    I (5)       11324    (6)  (7) Common Stock  11324.0  $67.78  22859  D   
Deferred Stock   (2) 2/23/2021    I (5)       5190    (6)  (7) Common Stock  5190.0  $67.78  2666  D   
Deferred Stock   (2) 2/23/2021    I (5)       1864    (6)  (7) Common Stock  1864.0  $67.78  3844  D   

Explanation of Responses:
(1)  Represents withholding of shares to satisfy tax obligations upon the vesting of Deferred Stock.
(2)  Each share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
(3)  35,000 shares of Deferred Stock were granted February 22, 2017. 11,666 shares vested on February 22, 2020, another 11,667 vested on February 22, 2021, and 11,6667 will vest on February 22, 2022.
(4)  The Deferred Stock will be delivered to the reporting person 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)  Pursuant to the DMC Global Inc. Deferred Compensation Plan (the "Plan"), the reporting person reinvested the Deferred Stock into alternative investments contained in the Plan.
(6)  The Deferred Stock is fully vested.
(7)  The Deferred Stock would have been delivered to the reporting person in a lump sum upon separation from service. The reporting person was allowed to transfer the Deferred Stock into an alternative investment six months and one day following vesting of the Deferred Stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
KUTA MICHAEL
C/O DMC GLOBAL INC.
11800 RIDGE PARKWAY, SUITE 300
BROOMFIELD, CO 80021


Chief Financial Officer

Signatures
/s/ Andrew Nelson, by Power of Attorney 2/24/2021
**Signature of Reporting Person Date