Statement of Changes in Beneficial Ownership (4)
March 01 2021 - 4:19PM
Edgar (US Regulatory)
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
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1. Name and Address of Reporting Person
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Grieves Ian |
2. Issuer Name and Ticker or Trading Symbol
DMC Global Inc.
[
BOOM
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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/YYYY)
2/26/2021 |
(Street)
BROOMFIELD, CO 80021
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 2/26/2021 | | M | | 1525 | A | $0 | 45690 | D | |
Common Stock | 2/26/2021 | | F | | 725 (1) | D | $64.53 | 44965 | D | |
Common Stock | 2/26/2021 | | M | | 1545 | A | $0 | 46510 | D | |
Common Stock | 2/26/2021 | | F | | 734 (1) | D | $64.53 | 45776 | D | |
Common Stock | 2/27/2021 | | M | | 2000 | A | $0 | 47776 | D | |
Common Stock | 2/27/2021 | | F | | 950 (1) | D | $62.99 | 46826 | D | |
Common Stock | 2/27/2021 | | M | | 6000 | A | $0 | 52826 | D | |
Common Stock | 2/27/2021 | | F | | 2850 (1) | D | $62.99 | 49976 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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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 |
Restricted Stock Units | (2) | 2/26/2021 | | M | | | 1525 | (3) | (3) | Common Stock | 1525.0 | $0 | 1525 | D | |
Restricted Stock Units | (2) | 2/26/2021 | | M | | | 1545 | (4) | (4) | Common Stock | 1545.0 | $0 | 3090 | D | |
Restricted Stock Units | (2) | 2/27/2021 | | M | | | 2000 | (5) | (5) | Common Stock | 2000.0 | $0 | 0 | D | |
Performance Share Units | (6) | 2/27/2021 | | M | | | 6000 | (7) | (7) | Common Stock | 6000.0 | $0 | 0 | D | |
Explanation of Responses: |
(1) | Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock |
(2) | Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer. |
(3) | On February 26, 2019, 4,576 RSUs were granted to the reporting person. 1,526 of these RSUs vested on February 26, 2020, another 1,525 RSUs vested on February 26, 2021, and the remaining 1,525 RSUs will vest on February 26, 2022. |
(4) | 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. |
(5) | On February 27, 2018, 6,000 Restricted Stock Units ("RSUs") were granted to the reporting person. One-third of these RSUs vested 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 27, 2018, 3,000 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 2018 through 2020, 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 the maximum performance conditions were fully satisfied, and as a result, 6,000 PSUs vested. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Grieves Ian C/O DMC GLOBAL INC. 11800 RIDGE PARKWAY, SUITE 300 BROOMFIELD, CO 80021 |
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| Pres & Mng Dir, DynaEnergetics |
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Signatures
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/s/ Andrew Nelson, by Power of Attorney | | 3/1/2021 |
**Signature of Reporting Person | Date |
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