0000034067-22-000050.txt : 20220308
0000034067-22-000050.hdr.sgml : 20220308
20220308175900
ACCESSION NUMBER: 0000034067-22-000050
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220302
FILED AS OF DATE: 20220308
DATE AS OF CHANGE: 20220308
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LONGE KEVIN T
CENTRAL INDEX KEY: 0001307284
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14775
FILM NUMBER: 22723086
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/A
1
wf-form4a_164678032339347.xml
FORM 4/A
X0306
4/A
2022-03-02
2022-03-04
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
2022-03-02
4
A
0
36914
0
A
66707
D
Common Stock
2022-03-02
4
A
0
16611
0
A
83318
D
Common Stock
2022-03-02
4
F
0
2431
27.09
D
80887
D
Common Stock
940.072
I
By Spouse
Performance Share Units
2022-03-02
4
A
0
36914
0
A
Common Stock
36914.0
36914
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.
One-third of this stock award vested immediately and two-thirds will vest on March 2, 2024.
Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award.
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 2022 through 2024, 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, 2024.
This amendment corrects for shares withheld for taxes upon vesting of stock award granted and vested on March 2, 2022.
/s/ Andrew Nelson, by Power of Attorney
2022-03-08