Antoine Nobili - Feb 26, 2025 Form 4 Insider Report for DMC Global Inc. (BOOM)

Role
President of NobelClad
Signature
/s/ Lindsey Rhodes, by Power of Attorney
Stock symbol
BOOM
Transactions as of
Feb 26, 2025
Transactions value $
$0
Form type
4
Date filed
2/27/2025, 05:31 PM
Previous filing
Mar 5, 2024
Next filing
Mar 4, 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BOOM Restricted Stock Units Award $0 +6.77K $0.00 6.77K Feb 26, 2025 Common Stock 6.77K Direct F1, F2
transaction BOOM Performance Share Units Award $0 +6.77K $0.00 6.77K Feb 26, 2025 Common Stock 6.77K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
F2 Two-thirds of these RSUs will vest on the second anniversary and one-third of these RSUs will vest on the third anniversary of the grant date.
F3 Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
F4 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 cumulative Adjusted EBITDA for the NobelClad segment as compared to target Adjusted EBITDA and the Issuer's cumulative Adjusted Free Cash Flow for the NobelClad segment as compared to target Adjusted Free Cash Flow achieved over the three year period from 2025 through 2027, 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, on the third anniversary of the grant date based on the performance period ending December 31, 2027.