Form 4 for HL HECLA MINING CO/DE/

Accepted 2025-06-25 00:00:00 ET · period of report 2025-06-23 · accession 0001954722-25-000002 · 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	Malone Patrick Shay	VP - Sustainability	A - Grant	$5.82	+51.9K	103.7K	+100%	+$301.9K
D	2025-06-25	2025-06-23	HL	Malone Patrick Shay	VP - Sustainability	A - Grant	$0.00	+51.9K	103.7K	+100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2025-06-23	A	A	51,869	$5.82	103,738	D	—	—	(F1) 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. (F2) Consists of 51,869 performance-based units, and 51,869 unvested restricted stock units.
2	Derivative	Performance rights	2025-06-23	A	A	51,869	$0.00	103,738	D	$0.00 · 2028-01-01 to 2028-01-01	51,869 Common Stock	(F3) Mr. Malone 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. Malone 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. (F4) See footnote 2.