Robert Denis Brown - 23 Jun 2025 Form 4 Insider Report for HECLA MINING CO/DE/ (HL)

Role
VP - Corporate Development
Signature
Tami D. Whitman, Attorney-in-Fact for Robert D. Brown
Issuer symbol
HL
Transactions as of
23 Jun 2025
Net transactions value
+$173,960
Form type
4
Filing time
25 Jun 2025, 17:15:39 UTC
Previous filing
26 Feb 2025
Next filing
04 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Brown Robert Denis VP - Corporate Development 6500 N MINERAL DR, SUITE 200, COEUR D ALENE Tami D. Whitman, Attorney-in-Fact for Robert D. Brown 25 Jun 2025 0001667482

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HL Common Stock Tax liability $141,042 -24,234 -3.9% $5.82 593,652 23 Jun 2025 Direct F1, F2
transaction HL Common Stock Award $315,002 +54,124 +10% $5.82 593,652 23 Jun 2025 Direct F3, F4

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 rights Award $0 +54,124 +10% $0.000000 593,652 23 Jun 2025 Common Stock 54,124 $0.000000 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Brown was awarded (1) 38,374 restricted stock units on June 21, 2022; 37,030 restricted stock units on June 21, 2023; and 60,479 restricted stock units on June 21, 2024. One-third of those restricted stock units vested on June 23, 2025. To cover his tax liability on those vested units, Hecla Mining company withheld 24,234 shares.
F2 Consists of 347,214 shares held directly, 139,653 performance-based units, and 106,785 unvested restricted stock units.
F3 Award of restricted stock units that vest as follows: 18,042 shares on June 21, 2026; 18,041 shares on June 21, 2027; and 18,041 shares on June 21, 2028.
F4 See footnote 2.
F5 Mr. Brown was awarded performance rights representing the contingent right to receive between $315,000 and $630,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Brown under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($630,000 in stock); 50th percentile rank among peers = target award at grant value ($315,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
F6 See footnote 2.