Form 4/A for HL HECLA MINING CO/DE/
Accepted 2022-06-24 00:00:00 ET · period of report 2022-06-21 · accession 0001481905-22-000003 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2022-06-24 | 2022-06-21 | HL | Sienko David C | VP, GC | A - Grant | $4.43 | +38.4K | 821.2K | +5% | +$170.0K |
| DAI | 2022-06-24 | 2022-06-21 | HL | Sienko David C | VP, GC | J - Other | $0.00 | +4,191 | 4,191 | New | $0 |
| DA | 2022-06-24 | 2022-06-21 | HL | Sienko David C | VP, GC | F - Tax | $0.00 | -23.0K | 821.2K | -3% | $0 |
| DA | 2022-06-24 | 2022-06-21 | HL | Sienko David C | VP, GC | A - Grant | $0.00 | +26.0K | 821.2K | +3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-06-21 | A | A | 38,374 | $4.43 | 821,165 | D | — | — | (F3) Award of restricted stock units that vest as follows: 12,791 shares on June 21, 2023; 12,791 shares on June 21, 2024; and 12,792 shares on June 21, 2025. (F4) See footnote 2. |
| 2 | Common | Common Stock | 2022-06-21 | J | A | 4,191 | $0.00 | 4,191 | I | — | — | (F5) Held as 348.942 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 4,191 shares. |
| 3 | Common | Common Stock | 2022-06-21 | F | D | 22,976 | $0.00 | 821,165 | D By 401(k) Plan | — | — | (F1) Mr. Sienko was awarded (i) 81,522 restricted stock units on June 21, 2019; (ii) 49,505 restricted stock units on June 22, 2020; and (iii) 19,036 restricted stock units on June 21, 2021. The restrictions lapsed on 1/3 of those vesting units (50,022 shares). Mr. Sienko elected to have Hecla Mining Company withhold 22,976 shares to cover his tax liability. (F2) Consists of 681,948 shares held directly, 67,565 unvested restricted stock units, and 71,652 performance-based shares. |
| 4 | Derivative | Performance rights | 2022-06-21 | A | A | 25,959 | $0.00 | 821,165 | D | $0.00 · 2025-01-01 to 2026-01-01 | 25,959 Common Stock | (F6) Mr. Sienko was awarded performance rights representing the contingent right to receive between $57,500 and $230,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2022 to December 31, 2024) 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 ($230,000 in stock); 60th percentile rank among peers = target award at grant value ($115,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($57,500 in stock). (F7) See footnote 2. |