0001600781-15-000027.txt : 20150223 0001600781-15-000027.hdr.sgml : 20150223 20150223131809 ACCESSION NUMBER: 0001600781-15-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150219 FILED AS OF DATE: 20150223 DATE AS OF CHANGE: 20150223 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DYNAMIC MATERIALS CORP CENTRAL INDEX KEY: 0000034067 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PRIMARY METAL PRODUCTS [3390] IRS NUMBER: 840608431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5405 SPINE ROAD CITY: BOULDER STATE: CO ZIP: 80301 BUSINESS PHONE: 3036655700 MAIL ADDRESS: STREET 1: 5405 SPINE ROAD CITY: BOULDER STATE: CO ZIP: 80301 FORMER COMPANY: FORMER CONFORMED NAME: EXPLOSIVE FABRICATORS INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Grieves Ian CENTRAL INDEX KEY: 0001567487 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14775 FILM NUMBER: 15638950 MAIL ADDRESS: STREET 1: C/O DYNAMIC MATERIALS, INC. STREET 2: 5405 SPINE ROAD CITY: BOULDER STATE: CO ZIP: 80301 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2015-02-19 0000034067 DYNAMIC MATERIALS CORP BOOM 0001567487 Grieves Ian C/O DYNAMIC MATERIAL CORPORATION 5405 SPINE ROAD BOULDER CO 80301 0 1 0 0 General Mgr of DYNAenergetics Common Stock 2015-02-19 4 A 0 10667 0 A 25334 D This stock award is subject to the lapse of restrictions, one-half of which are performance-based and one-half of which are time-based. The restrictions will lapse with respect to one-quarter of the shares on each of the first and second anniversaries of the grant date. In addition, on the date the Company's annual report on Form 10-K is filed after the second anniversary of the grant date, restrictions will lapse on up to all or a portion of the remaining one-half of the shares based on the following formula, which takes into account the Company's achievement of budgeted Adjusted EBITDA and the total return to the Company's shareholders in comparison to the total shareholder return of the Company's peer group of public companies: the number of shares equal to 25% of the total number of shares awarded multiplied by the percentage that is the sum of (a) the percentage obtained by dividing (i) the average actual Adjusted EBITDA of the Company of each of the two fiscal years ending immediately prior to the second anniversary, by (ii) the Company's budgeted Adjusted EBITDA for the fiscal year in which the stock award was granted; and (b) the amount (which may be negative) of (x) the total annual shareholder return (expressed as a percentage) for the Company's stock calculated by the average closing stock price during the month of January prior to the second anniversary compared with the average closing stock during the month of January prior to the first anniversary, less (y) the average total shareholder return calculated on a similar basis for the stock of the Company's peer group of companies (as approved by the Compensation Committee of the Company's Board of Directors) at the time of the stock award. /s/ Julie Mraz, as attorney-in-fact 2015-02-23 EX-24 2 grievespoa.htm POWER OF ATTORNEY

POWER OF ATTORNEY



     The undersigned hereby appoints each of Michael Kuta, 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 13th day of May, 2014.





      /s/ Ian Grieves





      Name: Ian Grieves