Form 4 for HL HECLA MINING CO/DE/
Accepted 2023-06-23 00:00:00 ET · period of report 2023-06-21 · accession 0001841980-23-000001 · 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 | 2023-06-23 | 2023-06-21 | HL | Lawlar Russell Douglas | SVP, CFO | F - Tax | $0.00 | -8,583 | 193.5K | -4% | $0 |
| DI | 2023-06-23 | 2023-06-21 | HL | Lawlar Russell Douglas | SVP, CFO | J - Other | $0.00 | +9,536 | 9,536 | New | $0 |
| D | 2023-06-23 | 2023-06-21 | HL | Lawlar Russell Douglas | SVP, CFO | A - Grant | $5.05 | +44.4K | 187.1K | +31% | +$224.2K |
| D | 2023-06-23 | 2023-06-21 | HL | Lawlar Russell Douglas | SVP, CFO | J - Other | $0.00 | -6,475 | 187.1K | -3% | $0 |
| D | 2023-06-23 | 2023-06-21 | HL | Lawlar Russell Douglas | SVP, CFO | A - Grant | $0.00 | +29.6K | 187.1K | +19% | $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 | 2023-06-21 | F | D | 8,583 | $0.00 | 193,532 | D Held in 401(k) Plan Account | — | — | (F1) Mr. Lawlar was awarded (i) 19,802 restricted stock units on June 22, 2020, (ii) 21,574 restricted stock units on June 21, 2021, and (iii) 44,018 restricted stock units on June 21, 2022. The restrictions lapsed on 1/3 of those vesting units (28,464 shares). Mr. Lawlar elected to have Hecla Mining Company withhold 8,583 shares to cover his tax liability. (F2) Consists of 39,682 shares held directly, 72,913 performance-based units, and 80,937 restricted stock units. |
| 2 | Common | Common Stock | 2023-06-21 | J | A | 9,536 | $0.00 | 9,536 | I | — | — | (F7) Held as 794.663 units in Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 9,536 shares. |
| 3 | Common | Common Stock | 2023-06-21 | A | A | 44,401 | $5.05 | 187,057 | D | — | — | (F5) Award of restricted stock units that vest as follows: 14,801 shares on June 21, 2024, 14,800 shares on June 21, 2025, and 14,800 shares on June 21, 2026. (F6) See footnote 4. |
| 4 | Common | Common Stock | 2023-06-21 | J | D | 6,475 | $0.00 | 187,057 | D | — | — | (F3) Shares transferred to ex-spouse pursuant to a domestic relations order. (F4) Consists of 33,207 shares held directly, 72,913 performance-based units, and 80,937 restricted stock units. |
| 5 | Derivative | Performance rights | 2023-06-21 | A | A | 29,609 | $0.00 | 187,057 | D | $0.00 · 2026-01-01 to 2026-01-01 | 29,609 Common Stock | (F8) Mr. Lawlar was awarded performance rights representing the contingent right to receive between $74,763 and $299,050 worth of Hecla Mining Company common stock based on Hecla Mining Company's total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) 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 ($299,050 in stock); 40th to 60th percentile rank among peers = target at grant value ($149,525 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($74,763 in stock). (F9) See footnote 4. |