0001867048-21-000001.txt : 20210701 0001867048-21-000001.hdr.sgml : 20210701 20210701170852 ACCESSION NUMBER: 0001867048-21-000001 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210701 FILED AS OF DATE: 20210701 DATE AS OF CHANGE: 20210701 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clary Michael L. CENTRAL INDEX KEY: 0001867048 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08491 FILM NUMBER: 211066866 BUSINESS ADDRESS: BUSINESS PHONE: 2087694146 MAIL ADDRESS: STREET 1: 6500 N. MINERAL DR., 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 3 1 primary_doc.xml PRIMARY DOCUMENT X0206 3 2021-07-01 0 0000719413 HECLA MINING CO/DE/ HL 0001867048 Clary Michael L. 6500 N. MINERAL DR., SUITE 200 COEUR D'ALENE ID 83815 0 1 0 0 Sr. VP & Chief Admin. Officer Common Stock 47391 D Common Stock 80070 D Performance Rights 0 2024-01-01 2024-01-01 Common Stock 13959 D 39,825 shares are held directly by Mr. Clary. 7,566 shares are held in trusts for two minor children. Restricted stock units that were previously awarded and will vest as follows: 14,492 RSUs, granted 6/21/2019, and vesting on June 21, 2022. 44,004 RSUs, granted 6/22/2020, and vesting 1/3 on June 21, 2022 (22,002 shares), and June 21, 2023 (22,002 shares). 21,574 RSUs, granted 6/21/2021, and vesting 1/3 on June 21, 2022 (7,192 shares), June 21, 2023 (7,191 shares), and June 21, 2024 (7,191 shares). Mr. Clary was awarded performance rights representing the contingent right to receive between $55,000 and $220,000 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, 2023) relative to our peers. Examples of the potential grant of shares to Mr. Clary under this plan are as follows: 100th percentile rank among peers = maximum award at 200% target ($220,000 in stock); 60th percentile rank among peers = target award at grant value ($110,000 in stock); and 50th percentile rank among peers =- threshold award at 50% of target ($55,000 in stock). Tami D. Whitman, Attorney-in-Fact for Michael L. Clary 2021-07-01