Form 4 for BOOM DMC Global Inc.
Accepted 2023-03-07 00:00:00 ET · period of report 2023-03-05 · accession 0000034067-23-000059 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-07 | 2023-03-05 | BOOM | KUTA MICHAEL | CEO, Co-Pres | M - OptEx | $0.00 | +17.1K | 64.9K | +36% | $0 |
| DM | 2023-03-07 | 2023-03-05 | BOOM | KUTA MICHAEL | CEO, Co-Pres | F - Tax | $27.08 | -14.7K | 62.8K | -19% | -$398.3K |
| DM | 2023-03-07 | 2023-03-05 | BOOM | KUTA MICHAEL | CEO, Co-Pres | M - OptEx | $0.00 | -17.1K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-05 | M | A | 12,182 | $0.00 | 65,376 | D | — | — | |
| 2 | Common | Common Stock | 2023-03-05 | F | D | 5,331 | $27.08 | 60,045 | D | — | — | (F1) Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award. Vesting of the underlying awards occurred on March 5, 2023 due to the terms of the reporting person's previously disclosed retirement agreement. |
| 3 | Common | Common Stock | 2023-03-05 | M | A | 4,869 | $0.00 | 64,914 | D | — | — | |
| 4 | Common | Common Stock | 2023-03-05 | F | D | 2,983 | $27.08 | 55,535 | D | — | — | (F1) Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award. Vesting of the underlying awards occurred on March 5, 2023 due to the terms of the reporting person's previously disclosed retirement agreement. |
| 5 | Common | Common Stock | 2023-03-05 | F | D | 711 | $27.08 | 62,072 | D | — | — | (F1) Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award. Vesting of the underlying awards occurred on March 5, 2023 due to the terms of the reporting person's previously disclosed retirement agreement. |
| 6 | Common | Common Stock | 2023-03-05 | F | D | 3,554 | $27.08 | 58,518 | D | — | — | (F1) Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award. Vesting of the underlying awards occurred on March 5, 2023 due to the terms of the reporting person's previously disclosed retirement agreement. |
| 7 | Common | Common Stock | 2023-03-05 | F | D | 2,131 | $27.08 | 62,783 | D | — | — | (F1) Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award. Vesting of the underlying awards occurred on March 5, 2023 due to the terms of the reporting person's previously disclosed retirement agreement. |
| 8 | Derivative | Performance Share Units | 2023-03-05 | M | D | 12,182 | $0.00 | 0 | D | — · — to — | 12,182 Common Stock | (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) On March 2, 2022, 12,182 PSUs were granted. The vesting and award of Issuer's common stock was contingent upon achievement of specified performance targets over the three-year period from 2022 through 2025, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded; however, the Issuer entered into a retirement agreement with the reporting person on September 29, 2022. This retirement agreement stipulated the vesting of the PSUs at target on the retirement date, March 5, 2023. As such, 12,182 PSUs vested and were awarded to the reporting person. |
| 9 | Derivative | Performance Share Units | 2023-03-05 | M | D | 4,869 | $0.00 | 0 | D | — · — to — | 4,869 Common Stock | (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. (F4) On February 23,2021, 4,869 PSUs were granted. The vesting and award of Issuer's common stock was contingent upon achievement of specified performance targets over the three-year period from 2021 through 2023, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded; however, the Issuer entered into a retirement agreement with the reporting person on September 29, 2022. This retirement agreement stipulated the vesting of the PSUs at target on the retirement date, March 5, 2023. As such, 4,869 PSUs vested and were awarded to the reporting person. |