Edgar Filing: Grieves Ian

Ownership Submission

FORM 4

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Grieves Ian

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

(Last)

(First)

(Middle)

C/O DMC GLOBAL INC., 5405 SPINE ROAD

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2018

(Street)

BOULDER, CO 80301

4. If Amendment, Date 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

(City)

(State)

(Zip)

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	02/18/2018		M		2,667	A	⁽¹⁾	18,541	D
Common Stock	02/18/2018		D		1,120	D	$ 23.4	17,421	D
Common Stock	02/18/2018		M		1,785	A	⁽¹⁾	19,206	D
Common Stock	02/18/2018		D		750	D	$ 23.4	18,456	D
Common Stock	02/19/2018		M		1,662	A	⁽⁴⁾	20,118	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Stock Units

⁽¹⁾

02/18/2018

2,667

⁽²⁾

Common Stock

2,667

⁽¹⁾

5,333

Restricted Stock Units

⁽¹⁾

02/18/2018

1,785

⁽³⁾

Common Stock

1,785

⁽¹⁾

1,784

Restricted Stock Units

⁽⁴⁾

02/19/2018

1,662

⁽⁵⁾

Common Stock

1,662

⁽⁴⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Grieves Ian C/O DMC GLOBAL INC. 5405 SPINE ROAD BOULDER, CO 80301			Pres & Gen Mgr, DynaEnergetics

Signatures

/s/ Teri Scott, as attorney-in-fact		02/21/2018
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock. The reporting person settled 42% of his RSUs for cash and 58% of his 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 RSUs vested on February 18, 2018. The remaining 5,333 RSUs will vest, if at all, based on the formula in footnote 6 of Form 4 filed by the reporting person for the transaction date of February 19, 2017, which takes into account the Issuer's achievement of budgeted Adjusted EBITDA and the total return to the Issuer's shareholders in comparison to the total shareholder return of the Issuer's peer group of public companies.
(3)	On February 18, 2016, 5,354 RSUs were granted to the reporting person. 1,785 of these RSUs vested on February 18, 2017 and another 1,785 RSUs vested on February 18, 2018. The remaining 1,784 RSUs will vest on February 18, 2019.
(4)	Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock.
(5)	On February 19, 2015, 10,667 RSUs were granted to the reporting person. 2,667 of these RSUs vested on February 19, 2016, and another 2,667 of these RSUs vested on February 19, 2017. The vesting of the remaining 5,333 RSUs were subject to the formula in footnote 6 of the Form 4 filed by the reporting person for the transaction date of February 19, 2017, which takes into account the Issuer's achievement of budgeted Adjusted EBITDA and the total return to the Issuer's shareholders in comparison to the total shareholder return of the Issuer's peer group of public companies. On February 19, 2018, the Issuer determined that the performance conditions were only partially satisfied and, as a result, 3,671 of the RSUs of the original grant was forfeited, while 1,662 vested.

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