Form 4 for HL HECLA MINING CO/DE/
Accepted 2024-08-22 00:00:00 ET · period of report 2024-08-20 · accession 0001481905-24-000005 · 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 | 2024-08-22 | 2024-08-20 | HL | Sienko David C | SVP - GC | J - Other | $0.00 | +13.4K | 13.4K | New | $0 |
| D | 2024-08-22 | 2024-08-20 | HL | Sienko David C | SVP - GC | A - Grant | $6.01 | +5,092 | 1.01M | +0.5% | +$30.6K |
| D | 2024-08-22 | 2024-08-20 | HL | Sienko David C | SVP - GC | A - Grant | $0.00 | +5,092 | 1.01M | +0.5% | $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 | 2024-08-20 | J | A | 13,351 | $0.00 | 13,351 | D | — | — | (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. |
| 2 | Common | Common Stock | 2024-08-20 | A | A | 5,092 | $6.01 | 1,006,307 | D | — | — | (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. (F2) Consists of 788,968 shares held directly, 115,411 performance-based shares and 101,928 unvested restricted stock units. |
| 3 | Derivative | Performance rigts | 2024-08-20 | A | A | 5,092 | $0.00 | 1,006,307 | D | $0.00 · 2027-01-01 to 2027-01-01 | 5,092 Common Stock | (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). (F4) See footnote 2. |