DYNAMIC MATERIALS CORP
4, 2000-01-05
MISCELLANEOUS PRIMARY METAL PRODUCTS
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FORM 4                                       U.S. SECURITIES AND EXCHANGE COMMISSION                              OMB APPROVAL

/X/ Check this box if no longer                       Washington, D.C.  20549                            OMB Number       3235-0287
    subject to Section 16. Form 4                                                                        Expires:  December 31, 2001
    or Form 5 obligations may             STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP                   Estimated average burden
    continue. See Instruction 1(b).                                                                      hours per response .... 0.5

            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(f) of the Investment Company Act of 1940

(Print or Type Responses)
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<C>                                       <C>                       <C>                  <C>
1. Name and Address of Reporting Person*  2. Issuer Name and Ticker or Trading Symbol    6. Relationship of Reporting Person(s)
                                                                                            to Issuer (Check all applicable)
   Nobel Explosifs France                    Dynamic Materials Corporation (BOOM)
- ---------------------------------------------------------------------------------------         Director          X   10% Owner
   (Last)     (First)     (Middle)        3. I.R.S. Identification  4. Statement for        ---                  ---
                                             Number of Reporting       Month/Year               Officer (give        Other (specify
                                             Person, if an entity                           --- title below)     --- below)
   Tour Aurore, 92975 Paris La Defense       (voluntary)               12/99
- ----------------------------------------                            ----------------------------------------------------------------
              (Street)                                              5. If Amendment,     7. Individual or Joint/Group Filing (Check
                                                                       Date of Original     Applicable Line)
   Cedex, France                                                       (Month/Year)             Form filed by one Reporting Person
- ----------------------------------------                                                    ---
   (City)      (State)     (Zip)                                                             X  Form filed by More than One
                                                                                            --- Reporting Person
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                         Table I-- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security   2. Transaction   3. Trans-     4. Securities Acquired (A)      5. Amount of       6. Owner-    7. Nature of
   (Instr. 3)             Date (Month/     action        or Disposed of (D)              Securities         ship         Indirect
                          Day/Year)        Code          (Instr. 3, 4 and 5)             Beneficially       Form:        Beneficial
                                           (Instr. 8)                                    Owned at End       Direct       Owner-
                                        --------------------------------------------     of Month           (D) or       ship
                                                                                                            Indirect
                                        Code       V     Amount      (A) or    Price     (Instr. 3 and 4)   (I)
                                                                     (D)                                    (Instr. 4)   (Instr. 4)
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   Common Stock           12/22/99       J               406,400      D        $1.44        0               D
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                                                                                                                         Page 1 of 3

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                   (Over)
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).                                   SEC 1474 (3-99)
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<CAPTION>
FORM 4 (continued)              Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                        (e.g., puts, calls, warrants, options, convertible securities)
- ------------------------------------------------------------------------------------------------------------------------------------
<C>         <C>       <C>        <C>        <C>         <C>          <C>          <C>         <C>         <C>          <C>
1.Title of  2.Conver- 3.Transac- 4.Transac- 5.Number of 6.Date Exer- 7.Title and  8.Price of  9.Number of 10.Ownership 11.Nature of
  Derivative  sion or   tion Date  tion Code  Derivative  cisable and  Amount of    Derivative  Derivative   Form of      Indirect
  Security    Exercise  (Month/    (Instr.8)  Securities  Expiration   Underlying   Security    Securities   Derivative   Beneficial
  (Instr.3)   Price of  Day/Year)             Acquired    Date         Securities   (Instr.5)   Bene-        Security:    Ownership
              Deriv-                          (A) or      (Month/Day/  (Instr.3                 ficially     Direct (D)   (Instr.4)
              ative                           Disposed    Year)        and 4)                   Owned at     or Indi-
              Security                        of (D)                                            End of       rect (I)
                                              (Instr.3,                                         Month        (Instr.4)
                                              4, and 5)                                         (Instr.4)
                                 --------------------------------------------------
                                                         Date  Expira-       Amount
                                  Code   V     (A)  (D)  Exer-  tion   Title   or
                                                        cisable Date         Number
                                                                               of
                                                                             Shares
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Explanation of Responses:

  Nobel Explosifs France, a wholly-owned subsidiary of SNPE, sold all of the common stock in Dynamic Materials Corporation that it
owned to SNPE, Inc., another wholly-owned subsidiary of SNPE.

                                                                            /s/ Bernard Hueber                           12/30/99
                                                                         ---------------------------------------      --------------
** Intentional misstatements or omissions of facts constitute              **Signature of Reporting Person                 Date
     Federal Criminal Violations.                                          Title: Chairman of the Board and
   See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                                      Chief Executive Officer
                                                                           On Behalf of Nobel Explosives France

Note: File three copies of this Form, one of which must be manually signed.
      If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in the form are not
required to respond unless the form displays a currently valid OMB Number.                                               Page 2 of 3
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                             Joint Filer Information

Name:       SNPE

Address:    12, Quai Henri IV
            75181 Paris Cedex 04
            Cedex, FRANCE

Designated Filer:   Nobel Explosifs France (1)

Issuer & Ticker Symbol:   Dynamic Materials Corporation (BOOM)

Date of Event Requiring Statement:   12/22/99




Signature: /s/ Michel Philippe                            Date: 12/30/99
           -------------------------------------                ----------------
           Name:  Michel Philippe
           Title: Senior Vice-President
                  Finance and Legal Affairs
           On behalf of SNPE


(1)  Nobel Explosifs France is a wholly-owned subsidiary of SNPE. SNPE continues
     to be an indirect beneficial owner of the common stock of Dynamic Materials
     Corporation  through  the  holdings of  SNPE,  Inc.,  another  wholly-owned
     subsidiary of SNPE.


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