David C. Sienko - 20 Aug 2024 Form 4 Insider Report for Hecla Ltd

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Aug 2024, 18:16:58 UTC
Prior SEC filing
25 Jun 2024
Next SEC filing
26 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Tami D. Whitman, Attorney-in-Fact for David C. Sienko

Key filing fact

David C. Sienko filed Form 4 for Hecla Ltd on 21 Aug 2024.

Key facts

  • This page summarizes David C. Sienko's Form 4 filing for Hecla Ltd.
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 21 Aug 2024, 18:16.

Change

  • Previous filing in this sequence was filed on 25 Jun 2024.
  • Current net transaction value: +$30,603.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HL transaction

Common Stock

Award

Transaction value
$30,603
Shares
+5,092
Change %
+0.51%
Price
$6.01
Shares after
1,006,307
Date
20 Aug 2024
Ownership
Direct
Footnotes
F1, F2
HL transaction

Common Stock

Other

Transaction value
$0
Shares
+13,351
Change %
Price
$0.000000
Shares after
13,351
Date
20 Aug 2024
Ownership
Held in 401(k) Plan Account
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HL transaction Derivative

Performance rights

Award

Transaction value
$0
Shares
+5,092
Change %
+0.51%
Price
$0.000000
Shares after
1,006,307
Date
20 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,092
Exercise price
$0.000000
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Mr. Sienko was promoted to Sr. Vice President - General Counsel on 8/16/2024. Award of restricted stock units that vest as follows: 1,697 shares on June 21, 2025; 1,697 shares on June 21, 2026, and 1,698 shares on June 21, 2027.

Footnote F2

Consists of 788,968 shares held directly, 115,411 performance-based shares and 101,928 unvested restricted stock units.

Footnote F3

As part of his promotion, Mr. Sienko was also awarded performance-based units representing the contingent right to receive between $15,300 and $61,200 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 31, 2026) relative to our peers. Examples of the potential grant of shares to Mr. Sienko under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($61,200 in stock); 50th percentile rank among peers = target award at grant value ($30,600 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($15,300 in stock).

Footnote F4

See footnote 2.

Footnote F5

Held as 1,115.18 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 13,351 shares.

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