0000034067-21-000042.txt : 20210301
0000034067-21-000042.hdr.sgml : 20210301
20210301161033
ACCESSION NUMBER: 0000034067-21-000042
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210226
FILED AS OF DATE: 20210301
DATE AS OF CHANGE: 20210301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KUTA MICHAEL
CENTRAL INDEX KEY: 0001603342
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14775
FILM NUMBER: 21697816
MAIL ADDRESS:
STREET 1: C/O DYNAMIC MATERIALS CORPORATION
STREET 2: 5405 SPINE ROAD
CITY: BOULDER
STATE: CO
ZIP: 80301
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_161463301507466.xml
FORM 4
X0306
4
2021-02-26
0
0000034067
DMC Global Inc.
BOOM
0001603342
KUTA MICHAEL
C/O DMC GLOBAL INC.
11800 RIDGE PARKWAY, SUITE 300
BROOMFIELD
CO
80021
0
1
0
0
Chief Financial Officer
Common Stock
2021-02-26
4
F
0
1279
64.53
D
22329
D
Common Stock
2021-02-26
4
S
0
1634
63.36
D
20695
D
Common Stock
2021-02-26
4
M
0
64
0
A
20759
D
Common Stock
2021-02-26
4
F
0
64
64.53
D
20695
D
Common Stock
2021-02-27
4
M
0
268
0
A
20963
D
Common Stock
2021-02-27
4
F
0
268
62.99
D
20695
D
Common Stock
2021-02-27
4
M
0
89
0
A
20784
D
Common Stock
2021-02-26
4
F
0
89
62.99
D
20695
D
Deferred Stock
2021-02-26
4
M
0
64
0
A
Common Stock
64.0
3780
D
Performance Share Units
2021-02-27
4
M
0
8000
0
D
Common Stock
8000.0
0
D
Deferred Stock
2021-02-27
4
M
0
7732
0
A
Common Stock
7732.0
7732
D
Deferred Stock
2021-02-27
4
M
0
89
0
A
Common Stock
89.0
2577
D
Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
Represents withholding of shares to satisfy tax obligations upon the vesting of Deferred Stock.
Each vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
5,766 shares of Deferred Stock were granted on February 26, 2019, and vest in equal amounts over 3 years on the grant date anniversary.
The Deferred Stock will be delivered to the reporting person in equal amounts annually over 5 years following separation from service, or in a lump sum if due to a change of control. The reporting person may transfer the Deferred Stock into an alternative investment six months and one day following vesting of the Deferred Stock.
Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
On February 27, 2018, 4,000 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, 8,000 PSUs vested. The reporting person elected to defer the common stock awarded upon vesting of these PSUs.
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.
The Deferred Stock is fully vested.
/s/ Andrew Nelson, by Power of Attorney
2021-03-01