(HL)

Role: VP - Operations
Signature: Tami D. Whitman, Attorney-in-Fact for Carlos Aguiar Rodriguez
Issuer symbol: HL
Transactions as of: 16 Dec 2023
Net transactions value: $0
Form type: 3
Filing time: 05 Feb 2024, 17:30:42 UTC
Next filing: 18 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HL	Common Stock						51,255	16 Dec 2023	Direct	F1

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
holding	HL	Performance-based units							16 Dec 2023	Common Stock	21,318	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of: 22,413 RSUs that vest on 6/21/24; 18,183 RSUs that vest on 6/21/25; and 10,659 RSUs that vest on 6/21/26.
F2	Mr. Aguiar was awarded performance rights representing the contingent right to receive between $55,000 and $220,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) relative to our peers. Examples of the potential grant of shares to Mr. Aguiar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($220,000 in stock); 40th to 60th percentile rank among peers = target at grant value ($110,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($55,000 in stock).

Content

Consists of: 22,413 RSUs that vest on 6/21/24; 18,183 RSUs that vest on 6/21/25; and 10,659 RSUs that vest on 6/21/26.

Mr. Aguiar was awarded performance rights representing the contingent right to receive between $55,000 and $220,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) relative to our peers. Examples of the potential grant of shares to Mr. Aguiar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($220,000 in stock); 40th to 60th percentile rank among peers = target at grant value ($110,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($55,000 in stock).