0001667482-17-000002.txt : 20170609 0001667482-17-000002.hdr.sgml : 20170609 20170609152120 ACCESSION NUMBER: 0001667482-17-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170607 FILED AS OF DATE: 20170609 DATE AS OF CHANGE: 20170609 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brown Robert Denis CENTRAL INDEX KEY: 0001667482 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08491 FILM NUMBER: 17902663 MAIL ADDRESS: STREET 1: 6500 N MINERAL DR STREET 2: SUITE 200 CITY: COEUR D ALENE STATE: ID ZIP: 83815 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2017-06-07 0 0000719413 HECLA MINING CO/DE/ HL 0001667482 Brown Robert Denis 6500 N MINERAL DR SUITE 200 COEUR D ALENE ID 83815 0 1 0 0 VP - Corp. Development Common Stock 2017-06-07 4 A 0 34072 5.87 A 79527 D Performance Rights 0 2017-06-07 4 A 0 8518 0 A 2020-01-01 2020-01-01 Common Stock 8518 8518 D Award of restricted stock units that vest as follows: 11,358 shares on June 21, 2018; 11,357 shares on June 21, 2019; and 11,357 shares on June 21, 2020. Total number of unvested restricted stock units held by Mr. Brown. Mr. Brown was awarded performance rights representing the contingent right to receive between $25,000 and $100,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2017 to December 31, 2019) relative to our peers. Examples of the potential grant of shares to Mr. Brown under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($100,000 in stock); 60th percentile rank among peers = target award at grant value ($50,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($25,000 in stock). The number shown in Column 5 of Table II assumes a target payout (i.e., $50,000 worth of common stock), with the common stock valued at the closing price on the day of the award ($5.87). The actual number of shares received (if any) by Mr. Brown will depend on the Total Shareholder Return performance over the 3-year period and will be determined following the termination of that period. Tami D. Whitman, Attorney-in-Fact for Robert D. Brown 2017-06-09