0000034067-20-000025.txt : 20200228
0000034067-20-000025.hdr.sgml : 20200228
20200228175646
ACCESSION NUMBER: 0000034067-20-000025
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20200226
FILED AS OF DATE: 20200228
DATE AS OF CHANGE: 20200228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LONGE KEVIN T
CENTRAL INDEX KEY: 0001307284
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14775
FILM NUMBER: 20672949
MAIL ADDRESS:
STREET 1: C/O LYDALL, INC.
STREET 2: ONE COLONIAL ROAD, P.O. BOX 151
CITY: MANCHESTER
STATE: CT
ZIP: 06045-0151
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DMC Global Inc.
CENTRAL INDEX KEY: 0000034067
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PRIMARY METAL PRODUCTS [3390]
IRS NUMBER: 840608431
STATE OF INCORPORATION: CO
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11800 RIDGE PARKWAY
STREET 2: SUITE 300
CITY: BROOMFIELD
STATE: CO
ZIP: 80021
BUSINESS PHONE: 3036655700
MAIL ADDRESS:
STREET 1: 11800 RIDGE PARKWAY
STREET 2: SUITE 300
CITY: BROOMFIELD
STATE: CO
ZIP: 80021
FORMER COMPANY:
FORMER CONFORMED NAME: DYNAMIC MATERIALS CORP
DATE OF NAME CHANGE: 19941205
FORMER COMPANY:
FORMER CONFORMED NAME: EXPLOSIVE FABRICATORS INC
DATE OF NAME CHANGE: 19920703
4
1
wf-form4_158293058892502.xml
FORM 4
X0306
4
2020-02-26
0
0000034067
DMC Global Inc.
BOOM
0001307284
LONGE KEVIN T
C/O DMC GLOBAL INC.
11800 RIDGE PARKWAY, SUITE 300
BROOMFIELD
CO
80021
1
1
0
0
President and CEO
Common Stock
2020-02-26
4
A
0
26483
0
A
44152
D
Common Stock
2020-02-26
4
F
0
1702
37.76
D
42450
D
Common Stock
2020-02-27
4
M
0
200
0
A
42650
D
Common Stock
2020-02-27
4
F
0
200
36.90
D
42450
D
Common Stock
50
I
By Spouse
Performance Share Units
2020-02-26
4
A
0
26483
0
A
Common Stock
26483.0
26483
D
Deferred Stock
2020-02-27
4
M
0
200
0
D
Common Stock
200.0
19643
D
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.
Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
The reporting person disclaims beneficial ownership of these shares owned by his spouse.
Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
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 average Adjusted EBITDA as compared to target Adjusted EBITDA and the Issuer's total shareholder return ("TSR") relative to the TSR of identified peer companies achieved over the three year period from 2020 through 2022, 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, if at all, after the performance period ending December 31, 2022.
Each vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
20,000 shares of Deferred Stock were granted on February 27, 2018, and vest in equal amounts over 3 years on the grant date anniversary.
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.
/s/ Andrew Nelson, as attorney-in-fact
2020-02-28
EX-24
2
longepoa.txt
LONGE POA
POWER OF ATTORNEY
The undersigned hereby appoints each of Michael Kuta, Andrew Nelson,
Julie Mraz, Garth B. Jensen and Teri Scott, signing singly, the undersigned's
true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer and/or director of Dynamic Materials Corporation
(the "Company"), the Form ID and Forms 3, 4 and 5 in accordance with Section
16(a) of the Securities Exchange Act of 1934, as amended, and the rules
thereunder;
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form ID
and Form 3, 4 and 5, complete and execute any amendment or amendments thereto,
and timely file such form with the United States Securities and Exchange
Commission, any stock exchange or similar authority, and the National
Association of Securities Dealers; and
(3) take any other action of any type whatsoever in connection with the
foregoing that, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of
the undersigned pursuant to this Power of Attorney shall be in such form and
shall contain such terms and conditions as such attorney-in-fact may approve
in such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934, as amended, and the rules thereunder.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file the Form ID or Forms 3, 4 and 5 with
respect to the undersigned's holdings of and transactions in securities issued
by the Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 4th day of November, 2015.
/s/ Kevin Longe
Name: Kevin Longe