Home/Filings/4/0000034067-23-000059
4//SEC Filing

KUTA MICHAEL 4

Accession 0000034067-23-000059

CIK 0000034067other

Filed

Mar 6, 7:00 PM ET

Accepted

Mar 7, 9:41 PM ET

Size

18.8 KB

Accession

0000034067-23-000059

Insider Transaction Report

Form 4
Period: 2023-03-05
KUTA MICHAEL
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2023-03-05+12,18265,376 total
  • Tax Payment

    Common Stock

    2023-03-05$27.08/sh5,331$144,36360,045 total
  • Exercise/Conversion

    Common Stock

    2023-03-05+4,86964,914 total
  • Tax Payment

    Common Stock

    2023-03-05$27.08/sh2,131$57,70762,783 total
  • Tax Payment

    Common Stock

    2023-03-05$27.08/sh711$19,25462,072 total
  • Tax Payment

    Common Stock

    2023-03-05$27.08/sh3,554$96,24258,518 total
  • Tax Payment

    Common Stock

    2023-03-05$27.08/sh2,983$80,78055,535 total
  • Exercise/Conversion

    Performance Share Units

    2023-03-0512,1820 total
    Common Stock (12,182 underlying)
  • Exercise/Conversion

    Performance Share Units

    2023-03-054,8690 total
    Common Stock (4,869 underlying)
Footnotes (4)
  • [F1]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.
  • [F2]Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
  • [F3]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.
  • [F4]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.

Issuer

DMC Global Inc.

CIK 0000034067

Entity typeother

Related Parties

1
  • filerCIK 0001603342

Filing Metadata

Form type
4
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 9:41 PM ET
Size
18.8 KB