Form 4 for HL HECLA MINING CO/DE/
Accepted 2022-06-23 00:00:00 ET · period of report 2022-06-21 · accession 0001841980-22-000001 · 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 | Lawlar Russell Douglas | CFO, Sr. VP | F - Tax | $0.00 | -7,051 | 133.3K | -5% | $0 |
| D | 2022-06-23 | 2022-06-21 | HL | Lawlar Russell Douglas | CFO, Sr. VP | J - Other | $0.00 | -5,199 | 128.1K | -4% | $0 |
| DI | 2022-06-23 | 2022-06-21 | HL | Lawlar Russell Douglas | CFO, Sr. VP | J - Other | $0.00 | +4,632 | 4,632 | New | $0 |
| D | 2022-06-23 | 2022-06-21 | HL | Lawlar Russell Douglas | CFO, Sr. VP | A - Grant | $4.43 | +44.0K | 128.1K | +52% | +$195.0K |
| D | 2022-06-23 | 2022-06-21 | HL | Lawlar Russell Douglas | CFO, Sr. VP | A - Grant | $0.00 | +29.3K | 128.1K | +30% | $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 | F | D | 7,051 | $0.00 | 133,304 | D By 401(k) Plan | — | — | (F1) Mr. Lawlar was awarded (i) 27,174 restricted stock units on June 21, 2019; (ii) 19,802 restricted stock units on June 22, 2020; and (iii) 21,574 restricted stock units on June 21, 2021. The restrictions lapsed on 1/3 of those vesting units (22,851 shares)r. Mr. Lawlar elected to have Hecla Mining Company withhold 7,051 shares to cover his tax liability. (F2) Consists of 25,000 shares held directly, 43,304 performance-based units, and 65,000 restricted stock units. |
| 2 | Common | Common Stock | 2022-06-21 | J | D | 5,199 | $0.00 | 128,105 | D | — | — | (F3) Shares transferred to ex-spouse pursuant to a domestic relations order. (F4) Consists of 19,801 shares held directly, 43,304 performance-based shares, and 65,000 unvested restricted stock units. |
| 3 | Common | Common Stock | 2022-06-21 | J | A | 4,632 | $0.00 | 4,632 | I | — | — | (F7) Held as 385.596 units in Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 4,632 shares. |
| 4 | Common | Common Stock | 2022-06-21 | A | A | 44,018 | $4.43 | 128,105 | D | — | — | (F5) Award of restricted stock units that vest as follows: 14,672 shares on June 21, 2023, 14,673 shares on June 21, 2024, and 14,673 shares on June 21, 2025. (F6) See footnote 4. |
| 5 | Derivative | Performance rights | 2022-06-21 | A | A | 29,345 | $0.00 | 128,105 | D | $0.00 · 2025-01-01 to 2026-01-01 | 29,345 Common Stock | (F8) Mr. Lawlar was awarded performance rights representing the contingent right to receive between $65,000 and $260,000 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. Lawlar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($260,000 in stock); 60th percentile rank among peers = target at grant value ($130,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($65,000 in stock). (F9) See footnote 4. |