Walter Eric V. 4
4 · DMC Global Inc. · Filed Feb 27, 2025
Insider Transaction Report
Form 4
DMC Global Inc.BOOM
Walter Eric V.
Chief Financial Officer
Transactions
- Award
Common Stock
2025-02-26+38,852→ 116,746 total - Award
Performance Share Units
2025-02-26+38,852→ 38,852 total→ Common Stock (38,852 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 each of the first, second and third anniversaries of the grant date.
- [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 cumulative Adjusted EBITDA as compared to target Adjusted EBITDA and the Issuer's cumulative Adjusted Free Cash Flow 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.