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.
5405 SPINE ROAD

(Street)
BOULDER CO 80301

(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 & Gen Mgr, DynaEnergetics
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2019
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)
Code V Amount (A) or (D) Price
Common Stock 02/18/2019 M 1,784(1) A (3) 23,062 D
Common Stock 02/18/2019 D 750(1) D $35.13 22,312 D
Common Stock 02/18/2019 M 3,966(2) A (3) 26,278 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (3) 02/18/2019 M 1,784 (1) (1) Common Stock 1,784 (3) 0 D
Restricted Stock Units (3) 02/18/2019 M 3,966 (2) (2) Common Stock 3,966 (3) 0 D
Explanation of Responses:
1. On February 18, 2016, 5,354 RSUs were granted to the reporting person. 1,785 of these RSUs vested on February 18, 2017, another 1,785 RSUs vested on February 18, 2018, and the remaining 1,784 RSUs vested on February 18, 2019. The reporting person settled 42% of these latter RSUs for cash and 58% of these RSUs for common stock of the Issuer.
2. On February 18, 2016, 10,667 RSUs were granted to the reporting person. 2,667 of these RSUs vested on February 18, 2017, and another 2,667 of these RSUs vested on February 18, 2018. The vesting of the remaining 5,333 RSUs was conditioned upon achievement of specfied performance targets. The Issuer determined that the performance conditions were only partially satsfied, and as a result, 3,966 of the RSUs of the original grant vested and 1,367 were forfeited.
3. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer.
Remarks:
/s/ Teri Scott, as attorney-in-fact 02/20/2019
** 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).
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