David Sienko - Aug 20, 2024 Form 4 Insider Report for HECLA MINING CO/DE/ (HL)

Role
SR. VP - General Counsel
Signature
Tammi D. Whitman - Attorney-in-Fact for David Sienko
Stock symbol
HL
Transactions as of
Aug 20, 2024
Transactions value $
$30,603
Form type
4
Date filed
8/22/2024, 12:28 PM
Previous filing
Jun 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HL Common Stock Award $30.6K +5.09K +0.51% $6.01 1.01M Aug 20, 2024 Direct F1, F2
transaction HL Common Stock Other $0 +13.4K $0.00 13.4K Aug 20, 2024 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HL Performance rigts Award $0 +5.09K +0.51% $0.00 1.01M Aug 20, 2024 Common Stock 5.09K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Sienko was promoted to Sr. Vice President - General Counsel on 8/16/2024. Award of restricted stock units that vest as follows: 1,697 shares on June 21, 2025; 1,697 shares on June 21, 2026; and 1,698 shares on June 21, 2027.
F2 Consists of 788,968 shares held directly, 115,411 performance-based shares and 101,928 unvested restricted stock units.
F3 As part of his promotion, Mr. Sienko was also awarded performance-based units representing the contingent right to receive between $15,300 and $61,200 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 ($61,200 in stock); 50th percentile rank among peers = target award at grant value ($30,600 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($15,300 in stock).
F4 See footnote 2.
F5 Held as 1,115.18 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 13,351 shares.