3 1 f02-09_12f3.txt FORM 3--HECLA MINING CORPORATION Page 3 FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 ------------------------------------------------------------- 1. Name and Address of Reporting Person* Lehman Brothers Holdings Inc. (Last) (First) (Middle) 745 Seventh Avenue (Street) New York, New York 10019 (City) (State) (Zip) ------------------------------------------------------------- 2. Date of Event Requiring Statement (Month/Day/Year) 07/25/2002 ------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) 13-3216325 ------------------------------------------------------------- 4. Issuer Name and Ticker or Trading Symbol Hecla Mining Corporation (HL) ------------------------------------------------------------- 5. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ------------------------------------------------------------- 6. If Amendment, Date of Original (Month/Day/Year) ------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) [ ] Form Filed by One Reporting Person [X] Form Filed by More than One Reporting Person ------------------------------------------------------------- FORM 3 (continued)
Table I -- Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficially Owned Form: Direct (D) BeneficialOwnership (Instr. 4) or Indirect (I) (Instr. 5) (Instr. 5) Common Stock 71,906 I (1)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v). FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of Security (Instr. 4) cisable and Underlying Derivative Security sion or ship Indirect Expiration (Instr. 4) Exercise Form of Beneficial Date Price of Deriv- Ownership Deri- ative (Instr. 5) (Month/Day/Year) vative Security: Security Direct (D) or Indirect (I) (Instr.5) Date Expira- Title Amount Exer- tion or cisable Date Number of Shares Series B Cumulative Immed. Common Stock 400,317.3 (2) $15.55 I (1) Convertible Preferred Stock Call Option Immed. 8/7/03 Series B Cumulative 124,500 (3) (3) I (1) (obligation to sell) Convertible Preferred Stock
Explanation of Responses: (1) This form is a joint filing with Lehman Brothers Inc. ("LBI"), a wholly-owned subsidiary of Lehman Brothers Holdings Inc. ("Holdings"). LBI, a broker/dealer registered under Section 15 of the Securities Exchange Act of 1934, is the actual owner of the shares of Common Stock and Series B Cumulative Convertible Preferred Stock (the "Preferred Stock") reported herein. Under the rules and regulations of the Securities and Exchange Commission, Holdings may be deemed to be the beneficial owner of the shares of Common Stock and Preferred Stock owned by LBI. (2) LBI owns 124,500 shares of the Preferred Stock. Each share of the Preferred Stock has a liquidation value of $50.00 and is convertible into approximately 3.2154 shares of Common Stock. (3) The option represents the obligation of LBI to sell a basket of securities, of which the 124,500 shares of Preferred Stock owned by LBI form a part. The exercise price of the option to purchase the basket of securities is $307,391 (subject to adjustment in certain events). There is no specific exercise price for the Preferred Stock, as it cannot be purchased separately from the basket. /s/ Barrett S. DiPaolo Vice President and Authorized Signatory 9/11/2002 **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2 JOINT FILER INFORMATION Title of Security: Series B Cumulative Convertible Preferred Stock Issuer & Ticker Symbol: Hecla Mining Corporation (HL) Designated Filer: Lehman Brothers Holdings Inc. Other Joint Filer(s): Lehman Brothers Inc. 745 Seventh Avenue New York, New York 10019 EIN# 13-2518466 Date of Event Requiring Statement: July 25, 2002 Signature on behalf of other above filer(s): /s/ Barrett S. DiPaolo Barrett S. DiPaolo Vice President and Authorized Signatory