0001104659-16-144473.txt : 20160913 0001104659-16-144473.hdr.sgml : 20160913 20160913203929 ACCESSION NUMBER: 0001104659-16-144473 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160913 FILED AS OF DATE: 20160913 DATE AS OF CHANGE: 20160913 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MINES MANAGEMENT INC CENTRAL INDEX KEY: 0000066649 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 910538859 STATE OF INCORPORATION: ID FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 905 W RIVERSIDE AVENUE STREET 2: SUITE 311 CITY: SPOKANE STATE: WA ZIP: 99201 BUSINESS PHONE: 5098386050 MAIL ADDRESS: STREET 1: 905 W RIVERSIDE AVENUE STREET 2: SUITE 311 CITY: SPOKANE STATE: WA ZIP: 99201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: POGUE JERRY CENTRAL INDEX KEY: 0001195138 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32074 FILM NUMBER: 161884017 MAIL ADDRESS: STREET 1: 7612 SPRING BAY COVE CITY: ORLANDO STATE: FL ZIP: 32819 4 1 a4.xml 4 X0306 4 2016-09-13 1 0000066649 MINES MANAGEMENT INC MGN 0001195138 POGUE JERRY 666 POST STREET #1402 SAN FRANCISCO CA 94109 1 0 0 0 Stock Options (Right to Buy) 0.20 2016-09-13 4 D 0 25000 D 2017-07-18 Common Stock 25000 0 D Stock Options (Right to Buy) 0.20 2016-09-13 4 D 0 25000 D 2018-02-19 Common Stock 25000 0 D Stock Options (Right to Buy) 0.57 2016-09-13 4 D 0 40000 D 2018-12-31 Common Stock 40000 0 D Stock Options (Right to Buy) 0.57 2016-09-13 4 D 0 60000 D 2019-06-01 Common Stock 60000 0 D Stock Options (Right to Buy) 0.91 2016-09-13 4 D 0 25000 D 2019-11-30 Common Stock 25000 0 D Stock Options (Right to Buy) 0.91 2016-09-13 4 D 0 25000 D 2020-04-15 Common Stock 25000 0 D Stock Options (Right to Buy) 0.54 2016-09-13 4 D 0 25000 D 2020-04-01 Common Stock 25000 0 D Stock Options (Right to Buy) 0.54 2016-09-13 4 D 0 25000 D 2021-02-12 Common Stock 25000 0 D Stock Options (Right to Buy) 0.28 2016-09-13 4 D 0 60000 D 2021-02-12 Common Stock 60000 0 D The option was granted on July 18, 2012 and vested 100% on July 18, 2012. The option was granted on February 19, 2013 and vested 100% on February 19, 2013. The option was granted on July 19, 2013 and vested 100% on December 31, 2013. The option was granted on July 19, 2013 and vested 100% on June 1, 2014. The option was granted on June 11, 2014 and vested 100% on November 30, 2014. The option was granted on June 11, 2014 and vested 100% on April 15, 2015. The option was granted on December 12, 2014 and vested 100% on April 1, 2015. The option was granted on December 12, 2014 and vested 100% on February 12, 2016. The option was granted on October 27, 2015 and vested 100% on February 12, 2016. The option was cancelled in connection with the Agreement and Plan of Merger, dated as of May 23, 2016, as amended on June 29, 2016 and July 29, 2016, among Mines Management, Inc. ("Mines Management"), Hecla Mining Company ("Hecla"), and HL Idaho Corp. ("Merger Sub"), whereby Merger Sub was merged with and into Mines Management (the "Merger"). The option was cancelled in consideration for shares of Hecla common stock (with cash being paid in lieu of fractional shares) representing the value equal to the difference between (x) the product of 0.2218 and the closing price of Hecla common stock on the date prior to the effective date of the Merger and (y) the option exercise price. The closing price of Hecla common stock on September 13, 2016, the effective date of the Merger, was $5.40. The Hecla common stock issued had a value of $27,105.55. The Hecla common stock issued had a value of $27,105.55. The Hecla common stock issued had a value of $28,568.88. The Hecla common stock issued had a value of $42,853.32. The Hecla common stock issued had a value of $9,355.55. The Hecla common stock issued had a value of $9,355.55. The Hecla common stock issued had a value of $18,605.55. The Hecla common stock issued had a value of $18,605.55. The Hecla common stock issued had a value of $60,253.32. /s/ Glenn M. Dobbs for Jerry Pogue Pursuant to Power of Attorney 2016-09-13