| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HL | Common Stock | Options Exercise | $0 | +264K | +5.52% | $0.00 | 5.05M | Feb 24, 2023 | Direct | F4, F5 |
| transaction | HL | Common Stock | Other | $0 | +48.3K | $0.00 | 48.3K | Feb 27, 2023 | Held in 401(k) Plan | F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HL | Performance rights | Options Exercise | $0 | +132K | +168.89% | $0.00 | 210K | Feb 24, 2023 | Common Stock | 132K | $0.00 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On June 22, 2020, Mr. Baker was awarded performance rights. The performance rights represented a contingent right to receive between $200,000 and $800,000 worth of Hecla Mining Company common stock based on Hecla's total shareholder return performance over the 3-year period from January 1, 2020 through December 31, 2022, based on the following percentile rank within Hecla's peer group companies: (1) 100th percentile rank among peers = maximum award at 200% of target (i.e., $800,000 worth of common stock); (2) 60th percentile rank among peers = target award at grant value (i.e., $400,000 worth of common stock); or (3) 50th percentile rank among peers = threshold payout at 50% target (i.e., $200,000 worth of common stock). |
| F2 | In reporting the number of performance rights at the time of the award, Mr. Baker assumed a target payout (i.e., $500,000 worth of common stock), with the common stock valued at the closing price on the day of the award $3.03), and therefore reported an award of 132,013 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Baker's award value was $800,000, and he therefore received 264,026 shares in settlement of the award (with the shares valued at the $4.03 closing price on June 22, 2020). |
| F3 | Consists of outstanding performance rights. |
| F4 | See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in June 2020. |
| F5 | Consists of 3,022,163 shares held directly, 1,795,964 shares held in the Key Employee Deferred Compensation Plan, and 233,032 unvested restricted stock units. |
| F6 | Held as 4,028.562 units in Mr. Baker's 401(k) account under Hecla Mining Company's Capital Accumulation Plan, and estimated to be 48,342 shares. |