Filing Details
- Accession Number:
- 0002024032-24-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-06-25 20:19:02
- Reporting Period:
- 2024-06-21
- Accepted Time:
- 2024-06-25 20:19:02
- 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 |
---|---|---|---|---|---|---|---|
2024032 | Maurice Stuart Absolom | 6500 N Mineral Dr Suite 200 Coeur D Alene ID 83815 | Vp - Principal Acctg. Officer | 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 | 4,499 | $4.91 | 69,036 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2024-06-21 | 19,342 | $5.17 | 69,036 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2024-06-21 | 11,328 | $0.00 | 11,328 | 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 | 19,342 | $0.00 | 19,342 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
69,036 | 2027-01-01 | 2027-01-01 | No | 4 | A | Direct |
Footnotes
- Mr. Absolom was awarded (i) 22,573 restricted stock units on June 21, 2022, and (ii) 19,802 restricted stock units on June 21, 2023. To cover his tax liability, Hecla Mining Company sold 4,499 shares.
- Consists of 9,626 shares held directly, 19,342 performance-based shares, and 40,068 unvested restricted stock units.
- Award of restricted stock units that vest as follows: 6,447 shares on June 21, 2025, 6,447 shares on June 21, 2026, and 6,448 shares on June 21, 2027.
- See footnote 2.
- Held as 944.154 units in Mr. Absolom's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 11,328 shares.
- Mr. Absolom was awarded performance rights representing the contingent right to receive between $25,000 and $200,000 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. Absolom under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($200,000 in stock); 50th percentile rank among peers = target award at grant value ($100,000 in stock), and 25th percentile rank among peers = threshold award at 25% of target ($25,000 in stock).
- See footnote 2.