Filing Details

Accession Number:
0001481905-24-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-25 19:42:07
Reporting Period:
2024-06-21
Accepted Time:
2024-06-25 19:42:07
SEC Url:
Form 4 Filing
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
1481905 C David Sienko 6500 N. Mineral Drive, Suite 200
Coeur D'Alene ID 83815
Vp - General Counsel 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 2024-06-25 14,559 $4.91 996,123 No 4 S Direct
Common Stock Acquisiton 2024-06-21 60,479 $5.17 996,123 No 4 A Direct
Common Stock Acquisiton 2024-06-21 12,390 $0.00 12,390 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 60,479 $0.00 60,479 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
996,123 2027-01-01 2027-01-01 No 4 A Direct
Footnotes
  1. Mr. Sienko was awarded (i) 19,036 restricted stock units on June 21, 2021, (ii) 38,374 restricted stock units on June 21, 2022, and (iii) 35,350 restricted stock units on June 21, 2023. The restrictions lapsed on 1/3 of those vesting units (30,920 shares). To cover his tax liability, Hecla Mining Company sold 14,559 shares.
  2. Consists of 788,968 shares held directly, 110,319 performance-based shares, and 96,836 unvested restricted stock units.
  3. Award of restricted stock units that vest as follows: 20,159 shares on June 21, 2025; 20,160 shares on June 21, 2026; and 20,160 shares on June 21, 2027.
  4. See footnote 2.
  5. Held as 1,032.647 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 12,390 shares.
  6. Mr. Sienko was awarded performance rights representing the contingent right to receive between $78,169 and $625,350 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. Sienko under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($625,350 in stock); 50th percentile rank among peers = target award at grant value ($312,675 in stock), and 25th percentile rank among peers = threshold award at 25% of target ($78,169 in stock).
  7. See footnote 2.