Form 4 for HL HECLA MINING CO/DE/
Accepted 2024-06-25 00:00:00 ET · period of report 2024-06-21 · accession 0002024032-24-000002 · 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 | 2024-06-25 | 2024-06-25 | HL | Absolom Stuart Maurice | VP - Principal Acctg. Off | S - Sale | $4.91 | -4,499 | 69.0K | -6% | -$22.1K |
| DI | 2024-06-25 | 2024-06-21 | HL | Absolom Stuart Maurice | VP - Principal Acctg. Off | J - Other | $0.00 | +11.3K | 11.3K | New | $0 |
| D | 2024-06-25 | 2024-06-21 | HL | Absolom Stuart Maurice | VP - Principal Acctg. Off | A - Grant | $5.17 | +19.3K | 69.0K | +39% | +$100.0K |
| D | 2024-06-25 | 2024-06-21 | HL | Absolom Stuart Maurice | VP - Principal Acctg. Off | A - Grant | $0.00 | +19.3K | 69.0K | +39% | $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 | 2024-06-25 | S | D | 4,499 | $4.91 | 69,036 | D Held in 401(k) Plan Account | — | — | (F1) Mr. Absolom was awarded (i) 22,573 restricted stock units on June 21, 2022, and (ii) 19,802 restricted stock units on June 21, 2023. To cover his tax liability, Hecla Mining Company sold 4,499 shares. (F2) Consists of 9,626 shares held directly, 19,342 performance-based shares, and 40,068 unvested restricted stock units. |
| 2 | Common | Common Stock | 2024-06-21 | J | A | 11,328 | $0.00 | 11,328 | I | — | — | (F5) Held as 944.154 units in Mr. Absolom's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 11,328 shares. |
| 3 | Common | Common Stock | 2024-06-21 | A | A | 19,342 | $5.17 | 69,036 | D | — | — | (F3) Award of restricted stock units that vest as follows: 6,447 shares on June 21, 2025, 6,447 shares on June 21, 2026, and 6,448 shares on June 21, 2027. (F4) See footnote 2. |
| 4 | Derivative | Performance rights | 2024-06-21 | A | A | 19,342 | $0.00 | 69,036 | D | $0.00 · 2027-01-01 to 2027-01-01 | 19,342 Common Stock | (F6) Mr. Absolom was awarded performance rights representing the contingent right to receive between $25,000 and $200,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 31, 2026) relative to our peers. Examples of the potential grant of shares to Mr. Absolom under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($200,000 in stock); 50th percentile rank among peers = target award at grant value ($100,000 in stock), and 25th percentile rank among peers = threshold award at 25% of target ($25,000 in stock). (F7) See footnote 2. |