SEC Form 4 · accession 0001600781-19-000006
DMC Global Inc. · BOOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian Grieves
Officer — Pres & Gen Mgr, DynaEnergetics
Period of report
Feb 18, 2019
Accepted (ET)
Feb 20, 2019 · 6:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000034067
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Feb 18, 2019 | M | 1,784 | — | A | 23,062 | D | |
| Common StockF1 | Feb 18, 2019 | D | 750 | $35.13 | D | 22,312 | D | |
| Common StockF2,F3 | Feb 18, 2019 | M | 3,966 | — | A | 26,278 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1 | — | Feb 18, 2019 | M | 1,784 | D | — | — | Common Stock | 1,784 | 0 | D |
| Restricted Stock UnitsF3,F2 | — | Feb 18, 2019 | M | 3,966 | D | — | — | Common Stock | 3,966 | 0 | D |
Explanation of responses
- F1On February 18, 2016, 5,354 RSUs were granted to the reporting person. 1,785 of these RSUs vested on February 18, 2017, another 1,785 RSUs vested on February 18, 2018, and the remaining 1,784 RSUs vested on February 18, 2019. The reporting person settled 42% of these latter RSUs for cash and 58% of these RSUs for common stock of the Issuer.
- F2On February 18, 2016, 10,667 RSUs were granted to the reporting person. 2,667 of these RSUs vested on February 18, 2017, and another 2,667 of these RSUs vested on February 18, 2018. The vesting of the remaining 5,333 RSUs was conditioned upon achievement of specfied performance targets. The Issuer determined that the performance conditions were only partially satsfied, and as a result, 3,966 of the RSUs of the original grant vested and 1,367 were forfeited.
- F3Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.