Form 4 for HL HECLA MINING CO/DE/
Accepted 2025-06-25 00:00:00 ET · period of report 2025-06-23 · accession 0001869029-25-000003 · 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 | 2025-06-25 | 2025-06-23 | HL | Allen Kurt | VP - Exploration | F - Tax | $5.82 | -9,309 | 268.9K | -3% | -$54.2K |
| D | 2025-06-25 | 2025-06-23 | HL | Allen Kurt | VP - Exploration | A - Grant | $5.82 | +51.9K | 268.9K | +24% | +$301.9K |
| DI | 2025-06-25 | 2025-06-23 | HL | Allen Kurt | VP - Exploration | J - Other | $0.00 | +26.2K | 26.2K | New | $0 |
| D | 2025-06-25 | 2025-06-23 | HL | Allen Kurt | VP - Exploration | A - Grant | $0.00 | +51.9K | 268.9K | +24% | $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 | 2025-06-23 | F | D | 9,309 | $5.82 | 268,860 | D 401(k) Plan | — | — | (F1) Mr. Allen was awarded (i) 33,860 restricted stock units on June 21, 2022; 32,673 restricted stock units on June 21, 2023; and 48,138 restricted stock units on June 21, 2024. One-third of those restricted stock units vested on June 23, 2025. To cover his tax liability on those vested units, Hecla mining Company withheld 9,309 shares. (F2) Consists of 52,219 shares held directly, 121,789 performance-based units, and 94,852 unvested restricted stock units. |
| 2 | Common | Common Stock | 2025-06-23 | A | A | 51,869 | $5.82 | 268,860 | D | — | — | (F3) Award of restricted stock units that vest as follows: 17,290 shares on June 21, 2026; 17,290 shares on June 21, 2027; and 17,289 shares on June 21, 2028. (F4) See footnote 2. |
| 3 | Common | Common Stock | 2025-06-23 | J | A | 26,161 | $0.00 | 26,161 | I | — | — | (F5) Held as 2,185.124 units in Mr. Allen's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 26,161 shares. |
| 4 | Derivative | Performance rights | 2025-06-23 | A | A | 51,869 | $0.00 | 268,860 | D | $0.00 · 2028-01-01 to 2028-01-01 | 51,869 Common Stock | (F6) Mr. Allen was awarded performance rights representing the contingent right to receive between $301,875 and $603,750 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Allen under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($603,750 in stock); 50th percentile rank among peers = target award at grant value ($301,875 in stock), and 0 percentile rank among peers = threshold award below 25% of target. (F7) See footnote 2. |