Lauren M. Roberts - Dec 31, 2021 Form 4 Insider Report for HECLA MINING CO/DE/ (HL)

Signature
Tami D. Whitman, Attorney-in-Fact for Lauren M. Roberts
Stock symbol
HL
Transactions as of
Dec 31, 2021
Transactions value $
$80,468
Form type
4
Date filed
1/4/2022, 04:55 PM
Previous filing
Oct 4, 2021
Next filing
Mar 2, 2022

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 Phantom Stock Award $80.5K +14.4K +2.09% $5.59 703K Dec 31, 2021 Common Stock 14.4K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of common stock. The shares become payable in common stock at the election of the reporting person, upon the reporting person's termination of services as an officer, or upon a specified future date as previously elected by the reporting person.
F2 Mr. Roberts deferred part of his salary into the Hecla Mining Company Key Employee Deferred Compensation Plan during the period of October 1, 2021 to December 31, 2021. At the end of the fourth quarter, Mr. Roberts was then credited with a number of phantom stock units that were deferred under the plan.
F3 The share price is based on the average closing price of Hecla's common stock for each day during the fourth quarter.
F4 Consists of 105,598 shares held directly 143,168 unvested performance-based units, 115,317 unvested restricted stock units, and 339,119 shares of phantom stock held under the Key Employee Deferred Compensation Plan.