other material
confidence high
sentiment neutral
materiality 0.50
DMC Global grants special retention awards to CFO and EVP/CLO worth one times salary
DMC Global Inc.
- CFO Eric Walter and EVP/CLO Michelle Shepston each receive retention grant: 50% restricted stock, 50% cash, equal to one times base salary.
- Vesting occurs 18 months from grant date; accelerated on death, disability, termination without cause, or for good reason.
- Change in control or significant event triggers full vesting unless assumed; termination within 24 months post-event accelerates vesting.