Form 4 for HL HECLA MINING CO/DE/
Accepted 2024-06-25 00:00:00 ET · period of report 2024-06-21 · accession 0001481905-24-000003 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-06-25 | 2024-06-25 | HL | Sienko David C | VP - GC | S - Sale | $4.91 | -14.6K | 996.1K | -1% | -$71.5K |
| DI | 2024-06-25 | 2024-06-21 | HL | Sienko David C | VP - GC | J - Other | $0.00 | +12.4K | 12.4K | New | $0 |
| D | 2024-06-25 | 2024-06-21 | HL | Sienko David C | VP - GC | A - Grant | $5.17 | +60.5K | 996.1K | +6% | +$312.7K |
| D | 2024-06-25 | 2024-06-21 | HL | Sienko David C | VP - GC | A - Grant | $0.00 | +60.5K | 996.1K | +6% | $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 | 2024-06-25 | S | D | 14,559 | $4.91 | 996,123 | D Held in 401(k) Plan Account | — | — | (F1) Mr. Sienko was awarded (i) 19,036 restricted stock units on June 21, 2021, (ii) 38,374 restricted stock units on June 21, 2022, and (iii) 35,350 restricted stock units on June 21, 2023. The restrictions lapsed on 1/3 of those vesting units (30,920 shares). To cover his tax liability, Hecla Mining Company sold 14,559 shares. (F2) Consists of 788,968 shares held directly, 110,319 performance-based shares, and 96,836 unvested restricted stock units. |
| 2 | Common | Common Stock | 2024-06-21 | J | A | 12,390 | $0.00 | 12,390 | I | — | — | (F5) Held as 1,032.647 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 12,390 shares. |
| 3 | Common | Common Stock | 2024-06-21 | A | A | 60,479 | $5.17 | 996,123 | D | — | — | (F3) Award of restricted stock units that vest as follows: 20,159 shares on June 21, 2025; 20,160 shares on June 21, 2026; and 20,160 shares on June 21, 2027. (F4) See footnote 2. |
| 4 | Derivative | Performance rights | 2024-06-21 | A | A | 60,479 | $0.00 | 996,123 | D | $0.00 · 2027-01-01 to 2027-01-01 | 60,479 Common Stock | (F6) Mr. Sienko was awarded performance rights representing the contingent right to receive between $78,169 and $625,350 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 ($625,350 in stock); 50th percentile rank among peers = target award at grant value ($312,675 in stock), and 25th percentile rank among peers = threshold award at 25% of target ($78,169 in stock). (F7) See footnote 2. |