Form 4 for HL HECLA MINING CO/DE/
Accepted 2022-06-23 00:00:00 ET · period of report 2022-06-21 · accession 0001784406-22-000003 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-23 | 2022-06-21 | HL | Roberts Lauren M | COO, Sr. VP | A - Grant | $4.43 | +67.7K | 811.6K | +9% | +$300.0K |
| DI | 2022-06-23 | 2022-06-21 | HL | Roberts Lauren M | COO, Sr. VP | J - Other | $0.00 | +6,172 | 6,172 | New | $0 |
| D | 2022-06-23 | 2022-06-21 | HL | Roberts Lauren M | COO, Sr. VP | F - Tax | $0.00 | -31.3K | 811.6K | -4% | $0 |
| D | 2022-06-23 | 2022-06-21 | HL | Roberts Lauren M | COO, Sr. VP | A - Grant | $0.00 | +45.1K | 811.6K | +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 | 2022-06-21 | A | A | 67,720 | $4.43 | 811,639 | D | — | — | (F3) Award of restricted stock units that vest as follows: 22,573 shares on June 21, 2023; 22,573 shares on June 21, 2024; and 22,574 shares on June 21, 2025. (F4) See footnote 2. |
| 2 | Common | Common Stock | 2022-06-21 | J | A | 6,172 | $0.00 | 6,172 | I | — | — | (F5) Held as 513.881 units in Mr. Robert's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 6,172 shares. |
| 3 | Common | Common Stock | 2022-06-21 | F | D | 31,286 | $0.00 | 811,639 | D By 401(k) Plan | — | — | (F1) Mr. Roberts was awarded (i) 111,940 restricted stock units on August 5, 2019; (ii) 74,257 restricted stock units on June 22, 2020; and (iii) 28,553 restricted stock units on June 21, 2021. The restrictions lapsed on 1/3 of those vesting units (71,583 shares). Mr. Roberts elected to have Hecla Mining Company withhold 31,286 shares to cover his tax liability. (F2) Consists of 247,505 shares held directly, 113,687 performance-based units, 111,328 unvested restricted stock units, and 339,119 shares deferred under the Hecla Mining Company Key Employee Deferred Compensation Plan. |
| 4 | Derivative | Performance rights | 2022-06-21 | A | A | 45,146 | $0.00 | 811,639 | D | $0.00 · 2025-01-01 to 2026-01-01 | 45,146 Common Stock | (F6) Mr. Roberts was awarded performance rights representing the contingent right to receive between $100,000 and $400,000 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. Roberts under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($400,000 in stock); 60th percentile rank among peers = target award at grant value ($200,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($100,000 in stock). (F7) See footnote 2. |