0001166074-23-000002.txt : 20230623
0001166074-23-000002.hdr.sgml : 20230623
20230623142420
ACCESSION NUMBER: 0001166074-23-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230621
FILED AS OF DATE: 20230623
DATE AS OF CHANGE: 20230623
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BAKER PHILLIPS S JR
CENTRAL INDEX KEY: 0001166074
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08491
FILM NUMBER: 231037001
MAIL ADDRESS:
STREET 1: 6500 NORTH MINERAL DRIVE
STREET 2: SUITE 200
CITY: COEUR D 'ALENE
STATE: ID
ZIP: 83815
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HECLA MINING CO/DE/
CENTRAL INDEX KEY: 0000719413
STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
IRS NUMBER: 770664171
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6500 N MINERAL DRIVE SUITE 200
STREET 2: NONE
CITY: COEUR D'ALENE
STATE: ID
ZIP: 83815-9408
BUSINESS PHONE: 2087694100
MAIL ADDRESS:
STREET 1: 6500 N MINERAL DRIVE SUITE 200
STREET 2: NONE
CITY: COEUR D'ALENE
STATE: ID
ZIP: 83815-9408
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0407
4
2023-06-21
0
0000719413
HECLA MINING CO/DE/
HL
0001166074
BAKER PHILLIPS S JR
6500 NORTH MINERAL DRIVE
SUITE 200
COEUR D 'ALENE
ID
83815
1
1
0
0
President & CEO
0
Common Stock
2023-06-21
4
A
0
141584
5.05
A
5544505
D
Common Stock
2023-06-21
4
A
0
50515
0
A
50515
I
Held in 401(k) Plan Account
Performance rights
0
2023-06-21
4
A
0
141584
0
A
2026-01-01
2026-01-01
Common Stock
141584
5544505
D
Award of restricted stock units that vest as follows: 47,195 shares on June 21, 2024, 47,195 shares on June 21, 2025, and 47,194 shares on June 21, 2026.
Consists of 3,136,227 shares held directly, 1,795,964 shares deferred under the Hecla Mining Company Key Employee Deferred compensation Plan, 351,762 performance-based units, and 260,552 unvested restricted stock units.
Held as 4,209.622 units in Mr. Baker's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 50,515 shares.
Mr. Baker was awarded performance rights representing the contingent right to receive between $357,500 and $1,430,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) relative to our peers. Examples of the potential grant of shares to Mr. Baker under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($1,430,000 in stock); 40th to 60th percentile rank among peers = target award at grant value ($715,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($357,500 in stock).
See footnote 2.
Tami D. Whitman, Attorney-in-Fact for Phillips S. Baker, Jr.
2023-06-23