February 26, 2025 · Form 4 insider transaction
Schladen James bought 81,346 shares of DMC Global Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.; 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 cumulative Adjusted EBITDA for the Arcadia Products segment as compared to target Adjusted EBITDA achieved over the two year period from 2025 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, if at all, on the second anniversary of the grant date based on the performance period ending December 31, 2026.