Form 4 for HL HECLA MINING CO/DE/
Accepted 2024-06-25 00:00:00 ET · period of report 2024-06-21 · accession 0001989000-24-000003 · 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 | 2024-06-25 | 2024-06-21 | HL | Aguiar Rodriguez Carlos Roberto | VP - Ops | A - Grant | $5.17 | +48.1K | 197.4K | +32% | +$248.9K |
| D | 2024-06-25 | 2024-06-25 | HL | Aguiar Rodriguez Carlos Roberto | VP - Ops | S - Sale | $4.91 | -7,140 | 197.4K | -3% | -$35.1K |
| DI | 2024-06-25 | 2024-06-21 | HL | Aguiar Rodriguez Carlos Roberto | VP - Ops | J - Other | $0.00 | +3,940 | 3,940 | New | $0 |
| D | 2024-06-25 | 2024-06-21 | HL | Aguiar Rodriguez Carlos Roberto | VP - Ops | A - Grant | $0.00 | +48.1K | 197.4K | +32% | $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 | 2024-06-21 | A | A | 48,138 | $5.17 | 197,354 | D | — | — | (F3) Award of restricted stock units that vest as follows: 16,046 shares on June 21, 2025, 16,046 shares on June 21, 2026, and 16,046 shares on June 21, 2027. (F4) See footnote 2. |
| 2 | Common | Common Stock | 2024-06-25 | S | D | 7,140 | $4.91 | 197,354 | D Held in 401(k) Plan Account | — | — | (F1) Mr. Aguiar was awarded (i) 4,230 restricted stock units on June 21, 2021, (ii) 15,048 restricted stock units on June 21, 2022, and (iii) 31,977 restricted stock units on August 7, 2023. The restrictions lapsed on 1/3 of those vesting units (22,413 shares). To cover his tax liability, Hecla Mining Company sold 7,140 shares. (F2) Consists of 51,098 shares held directly, 69,456 performance-based shares, and 76,800 unvested restricted stock units. |
| 3 | Common | Common Stock | 2024-06-21 | J | A | 3,940 | $0.00 | 3,940 | I | — | — | (F5) Held as 328.369 units in Mr. Aguiar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 3,940 shares. |
| 4 | Derivative | Performance rights | 2024-06-21 | A | A | 48,138 | $0.00 | 197,354 | D | $0.00 · 2027-01-01 to 2027-01-01 | 48,138 Common Stock | (F6) Mr. Aguiar was awarded performance rights representing the contingent right to receive between $62,219 and $497,750 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 31, 2026) relative to our peers. Examples of the potential grant of shares to Mr. Aguiar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($497,750 in stock); 50th percentile rank among peers = target award at grant value ($248,875 in stock), and 25th percentile rank among peers = threshold award at 25% of target ($62,219 in stock). (F7) See footnote 2. |