0001784406-21-000003.txt : 20210623 0001784406-21-000003.hdr.sgml : 20210623 20210623185358 ACCESSION NUMBER: 0001784406-21-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210621 FILED AS OF DATE: 20210623 DATE AS OF CHANGE: 20210623 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Roberts Lauren M CENTRAL INDEX KEY: 0001784406 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08491 FILM NUMBER: 211039831 MAIL ADDRESS: STREET 1: 6500 N MINERAL DR 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 X0306 4 2021-06-21 0 0000719413 HECLA MINING CO/DE/ HL 0001784406 Roberts Lauren M 6500 N MINERAL DR SUITE 200 COEUR D ALENE ID 83815 0 1 0 0 Sr. VP & COO Common Stock 2021-06-21 4 F 0 24102 0 D 665246 D Common Stock 2021-06-21 4 A 0 28553 7.88 A 665246 D Common Stock 2021-06-22 4 A 0 2406 0 A 2406 I By 401(k) Plan Performance Rights 0 2021-06-21 4 A 0 19036 0 A 2024-01-01 2024-01-01 Common Stock 19036 665246 D Mr. Roberts was awarded (i) 111,940 restricted stock units on August 5, 2019, and 74,257 restricted stock units on June 22, 2020. The restrictions lapsed on 1/3 of those vesting units (62,066 shares). Mr. Roberts elected to have Hecla Mining Company withhold 24,102 shares to cover his tax liability. Total consists of 105,598 shares held directly, 143,168 performance-based shares, 115,371 unvested restricted stock units, and 301,109 shares held under the Hecla Mining Company Key Employee Deferred Compensation Plan. Award of restricted stock units that vest as follows: 9,518 shares on June 21, 2022, 9,518 shares on June 21, 2023, and 9,517 shares on June 21, 2024. See footnote 2 Held as 200.432 units in Mr. Robert's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 2,406 shares. Mr. Roberts was awarded performance rights representing the contingent right to receive between $75,000 and $300,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2021 to December 31, 2022) relative to our peers. Examples of the potential grant of shares to Mr. Roberts under this plan are as follows: 100th percentile rank among peers = maximum awarded at 200% target ($300,000 in stock); 60th percentile rank among peers = target award at grant value ($150,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($75,000 in stock). The number shown in Column 5 of Table II assumes a target payout (i.e., $150,000 worth of common stock), with the common stock valued at the closing price on the day of the award ($7.88). The actual number of shares received (if any) by Mr. Roberts will depend on the Total Shareholder Return performance over the 3-year period and will be determined following the termination of that period). See footnote 2 Tami D. Whitman, Attorney-in-Fact for Lauren M. Roberts 2021-06-23