0000034067-23-000059.txt : 20230307 0000034067-23-000059.hdr.sgml : 20230307 20230307214146 ACCESSION NUMBER: 0000034067-23-000059 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230305 FILED AS OF DATE: 20230307 DATE AS OF CHANGE: 20230307 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: 23714741 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_167824329434396.xml FORM 4 X0306 4 2023-03-05 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 Co-President and CEO Common Stock 2023-03-05 4 M 0 12182 0 A 65376 D Common Stock 2023-03-05 4 F 0 5331 27.08 D 60045 D Common Stock 2023-03-05 4 M 0 4869 0 A 64914 D Common Stock 2023-03-05 4 F 0 2131 27.08 D 62783 D Common Stock 2023-03-05 4 F 0 711 27.08 D 62072 D Common Stock 2023-03-05 4 F 0 3554 27.08 D 58518 D Common Stock 2023-03-05 4 F 0 2983 27.08 D 55535 D Performance Share Units 2023-03-05 4 M 0 12182 0 D Common Stock 12182.0 0 D Performance Share Units 2023-03-05 4 M 0 4869 0 D Common Stock 4869.0 0 D Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award. Vesting of the underlying awards occurred on March 5, 2023 due to the terms of the reporting person's previously disclosed retirement agreement. 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 March 2, 2022, 12,182 PSUs were granted. The vesting and award of Issuer's common stock was contingent upon achievement of specified performance targets over the three-year period from 2022 through 2025, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded; however, the Issuer entered into a retirement agreement with the reporting person on September 29, 2022. This retirement agreement stipulated the vesting of the PSUs at target on the retirement date, March 5, 2023. As such, 12,182 PSUs vested and were awarded to the reporting person. On February 23,2021, 4,869 PSUs were granted. The vesting and award of Issuer's common stock was contingent upon achievement of specified performance targets over the three-year period from 2021 through 2023, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded; however, the Issuer entered into a retirement agreement with the reporting person on September 29, 2022. This retirement agreement stipulated the vesting of the PSUs at target on the retirement date, March 5, 2023. As such, 4,869 PSUs vested and were awarded to the reporting person. /s/ Lindsey Rhodes, by Power of Attorney 2023-03-07