Form 4 for BOOM DMC Global Inc.
Accepted 2023-03-16 00:00:00 ET · period of report 2023-03-01 · accession 0000034067-23-000067 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-16 | 2023-03-14 | BOOM | SHEPSTON MICHELLE H | CLO | A - Grant | $0.00 | +8,263 | 39.2K | +27% | $0 |
| D | 2023-03-16 | 2023-03-01 | BOOM | SHEPSTON MICHELLE H | CLO | F - Tax | $26.77 | -134 | 39.4K | -0.3% | -$3,587 |
| D | 2023-03-16 | 2023-03-01 | BOOM | SHEPSTON MICHELLE H | CLO | M - OptEx | $0.00 | +318 | 39.5K | +0.8% | $0 |
| D | 2023-03-16 | 2023-03-14 | BOOM | SHEPSTON MICHELLE H | CLO | A - Grant | $0.00 | +8,263 | 8,263 | New | $0 |
| D | 2023-03-16 | 2023-03-01 | BOOM | SHEPSTON MICHELLE H | CLO | M - OptEx | $0.00 | -318 | 2,825 | -10% | $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 | 2023-03-14 | A | A | 8,263 | $0.00 | 39,193 | D | — | — | (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. |
| 2 | Common | Common Stock | 2023-03-01 | F | D | 134 | $26.77 | 39,377 | D | — | — | (F2) Represents withholding of shares to satisfy tax obligations upon delivery of issuer stock that was previously deferred. |
| 3 | Common | Common Stock | 2023-03-01 | M | A | 318 | $0.00 | 39,511 | D | — | — | |
| 4 | Derivative | Performance Share Units | 2023-03-14 | A | A | 8,263 | $0.00 | 8,263 | D | — · — to — | 8,263 Common Stock | (F3) 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) 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 average Adjusted EBITDA as compared to target Adjusted EBITDA and the Issuer's total shareholder return ("TSR") relative to the TSR of identified peer companies achieved over the three year period from 2023 through 2025, 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, after the performance period ending December 31, 2025. |
| 5 | Derivative | Deferred Stock | 2023-03-01 | M | D | 318 | $0.00 | 2,825 | D | — · — to — | 318 Common Stock | (F5) Each vested share of Deferred Stock represents the right to receive one share of the Issuer's common stock. (F6) 3,443 shares of Deferred Stock were granted on February 26, 2020 and vested in equal amounts over 3 years on the grant date anniversary. (F7) The Deferred Stock was delivered to the reporting person based on the in-service distribution election on March 1, 2023. The reporting person elected to distribute thirty percent of the deferred stock in three annual installments beginning March 1, 2023. |