Michael Kuta - Feb 28, 2024 Form 4 Insider Report for DMC Global Inc. (BOOM)

Role: President and CEO
Signature: /s/ Lindsey Rhodes, by Power of Attorney
Stock symbol: BOOM
Transactions as of: Feb 28, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/1/2024, 04:50 PM
Previous filing: Jan 16, 2024
Next filing: Mar 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOOM	Common Stock	Award	$0	+57.1K	+132.46%	$0.00	100K	Feb 28, 2024	Direct	F1

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	Performance Share Units	Award	$0	+57.1K		$0.00	57.1K	Feb 28, 2024	Common Stock	57.1K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 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 the third anniversary of grant, if at all, after the performance period ending December 31, 2026.