| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HL | Common Stock | Options Exercise | $0 | +120K | +40.76% | $0.00 | 414K | Feb 28, 2022 | Direct | F4, F5 |
| transaction | HL | Common Stock | Tax liability | -$369K | -64.1K | -15.49% | $5.76 | 350K | Feb 28, 2022 | Direct | F6, F7 |
| 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 | +62.5K | $0.00 | 48K | Feb 28, 2022 | Common Stock | 62.5K | $0.00 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On June 21, 2019, Mr. Brown was awarded performance rights. The performance rights represented a contingent right to receive between $57,500 and $230,000 worth of Hecla Mining Company common stock based on Hecla's total shareholder return performance over the 3-year period from January 1, 2019 through December 31, 2021, 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. $230,000 worth of common stock); (2) 60th percentile rank among peers = target award at grant value (i.e. $115,000 worth of common stock); or (3) 50th percentile rank among peers = threshold payout at 50% target (i.e. $57,500 worth of common stock). |
| F2 | In reporting the number of performance rights at the time of the award, Mr. Brown assumed a target payout (i.e. $115,000 worth of common stock), with the common stock valued at the closing price on the day of the award ($1.84), and therefore reported an award of 62,500 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Brown's award value was $220,417, and he therefore received 119,792 shares in settlement of the award (with the shares valued at the $1.84 closing price on June 21, 2019). |
| F3 | Consists of outstanding performance rights. |
| F4 | See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in June 2019. |
| F5 | Consists of 331,030 shares held directly, and 82,682 unvested restricted stock units. |
| F6 | Shares withheld for tax liability on 119,792 performance rights that vested. |
| F7 | Consists of 266,941 shares held directly, and 82,682 unvested restricted stock units. |