| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HL | Common Stock | Options Exercise | $0 | +23,319 | +5.7% | $0.000000 | 433,112 | 26 Feb 2024 | Direct | F4, F5 |
| transaction | HL | Common Stock | Tax liability | $44,165 | -12,476 | -2.9% | $3.54 | 420,636 | 26 Feb 2024 | 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 | +13,325 | +35% | $0.000000 | 51,009 | 26 Feb 2024 | Common Stock | 13,325 | $0.000000 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On June 21, 2021, Mr. Brown was awarded performance rights. The performance rights represented a contingent right to receive between $52,500 and $210,000 worth of Hecla Mining Company common stock based on Hecla's total shareholder return performance over the 3-year period of January 1, 2021 through December 31, 2023, 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., $210,000 worth of common stock); (2) 60th percentile rank among peers = target award at grant value (i.e., $105,000 worth of common stock); or (3) 50th percentile rank among peers = threshold payout at 50% of target (i.e., $52,500 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., $105,000 worth of common stock), with the common stock valued at the closing price on the day of the award ($7.88), and therefore reported an award of 13,325 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Brown's award value was 175%, and therefore he received 23,319 shares in settlement of the award (with the shares valued at the $7.88 closing price on June 21, 2021. |
| F3 | Consists of outstanding performance rights. |
| F4 | See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in June 2021. |
| F5 | Consists of 363,732 shares held directly, and 69,380 unvested restricted stock units. |
| F6 | Shares withheld for tax liability on 23,319 performance rights that vested. |
| F7 | Consists of 351,256 shares held directly, and 69,380 unvested restricted stock units. |