The situation is analogous to water drops onto a confine of water,
ψn water drops that are to pass through, re-bounce at lower depths and resurfaces. ψn water drops that are ejected tangentially, moves away radially around the point of impact. And ψd move up and down in simple harmonic motion, without lateral displacement at the point of impact.
The expression for vmax does allow for water drops that bounce immediately,
vmax=±√1mψnψmax{ψn−ψmax}eψmax(e2ψmax−1)1/2
where the negative root moves the ejected particle back along the direction of impact.