KUTA MICHAEL 4
4 · DMC Global Inc. · Filed Mar 11, 2024
Insider Transaction Report
Form 4
DMC Global Inc.BOOM
KUTA MICHAEL
Chief Financial Officer
Transactions
- Award
Common Stock
2024-03-06+23,796→ 124,021 total - Award
Performance Share Units
2024-03-06+23,796→ 23,796 total→ Common Stock (23,796 underlying)
Footnotes (3)
- [F1]This stock award is subject to the lapse of time-based restrictions. The restrictions will lapse with respect to one-third of the shares in equal amounts on February 28, 2025, 2026, and 2027, respectively.
- [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]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 total shareholder return ("TSR") relative to the TSR of the S&P Small Cap 600 Industrials index achieved over the three-year period from 2024 through 2026, 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, on February 28, 2027, if at all, after the performance period ending December 31, 2026.