SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Grieves Ian

(Last)

(First)

(Middle)

C/O DMC GLOBAL INC.

11800 RIDGE PARKWAY, SUITE 300

(Street)

BROOMFIELD

80021

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
DMC Global Inc. [ BOOM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Pres & Mng Dir, DynaEnergetics

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/23/2022		M		861	A	$0	55,670	D
Common Stock	02/23/2022		F		409⁽¹⁾	D	$34.07	55,261	D
Common Stock	02/26/2022		M		1,525	A	$0	56,786	D
Common Stock	02/26/2022		F		724⁽¹⁾	D	$31.97	56,062	D
Common Stock	02/26/2022		M		1,545	A	$0	57,607	D
Common Stock	02/26/2022		F		734⁽¹⁾	D	$31.97	56,873	D
Common Stock	02/26/2022		M		58	A	$0	56,931	D
Common Stock	02/26/2022		F		28⁽¹⁾	D	$31.97	56,903	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	02/23/2022		M			861	⁽³⁾	⁽³⁾	Common Stock	861	$0	1,721	D
Restricted Stock Units	⁽²⁾	02/26/2022		M			1,525	⁽⁴⁾	⁽⁴⁾	Common Stock	1,525	$0	0	D
Restricted Stock Units	⁽²⁾	02/26/2022		M			1,545	⁽⁵⁾	⁽⁵⁾	Common Stock	1,545	$0	1,545	D
Performance Share Units	⁽⁶⁾	02/26/2022		M			58	⁽⁷⁾	⁽⁷⁾	Common Stock	58	$0	0	D

Explanation of Responses:

1. Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award.

2. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.

3. On February 23, 2021, 2,582 RSUs were granted to the reporting person. 861 of these RSUs vested on February 23, 2022, 861 vested on February 23, 2023, and 860 will vest on February 23, 2024.

4. The RSUs are fully vested.

5. On February 26, 2020, 4,635 RSUs were granted to the reporting person. One-third of these RSUs will vest on each of the first, second and third anniversaries of the grant date.

6. Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.

7. On February 26, 2019, 2,288 PSUs were granted and the vesting and award of Issuer's common stock was contingent upon achievement of specified performance targets over the three year period from 2019 through 2021, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded. The Issuer determined that 58 PSUs vested based on performance conditions.

Remarks:

	/s/ Andrew Nelson, by Power of Attorney	03/03/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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