Home > Insider Trading > Filing (0001841980-24-000003)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
719413	Hecla Mining Co	HL	Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)	770664171

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1841980	Douglas Russell Lawlar	6500 N. Mineral Dr. Suite 200 Coeur D'Alene ID 83815	Sr. Vp & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2024-06-21	11,679	$4.91	393,894	No	4	S	Direct
Common Stock	Acquisiton	2024-06-21	71,180	$5.17	393,894	No	4	A	Direct
Common Stock	Acquisiton	2024-06-21	13,462	$0.00	13,462	No	4	J	Indirect	Held in 401(k) Plan Account

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	A	Direct
No	4	J	Indirect	Held in 401(k) Plan Account

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance rights	Acquisiton	2024-06-21	71,180	$0.00	71,180	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
393,894	2027-01-01	2027-01-01	No	4	A	Direct

Footnotes

Mr. Lawlar was awarded (i) 21,574 restricted stock units on June 21, 2021, (ii) 44,018 restricted stock units on June 21, 2022, and (iii) 44,401 restricted stock units on June 21, 2023. The restrictions lapsed on 1/3 of those vesting units (36,665 shares). To cover his tax liability, Hecla Mining Company sold 11,679 shares.
Consists of 148,308 shares held directly, 130,134 performance-based units, and 115,452 restricted stock units.
Award of restricted stock units that vest as follows: 23,726 shares on June 21, 2025, 23,727 shares on June 21, 2026, and 23,727 shares on June 21, 2027.
See footnote 2.
Held as 1,122.007 units in Mr. Russell's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 13,462 shares.
Mr. Lawlar was awarded performance rights representing the contingent right to receive between $92,000 and $736,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 31, 2026) relative to our peers. Examples of the potential grant of shares to Mr. Lawlar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($736,000 in stock); 50th percentile rank among peers = target at grant value ($368,000 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($92,000 in stock).
See footnote 2.