0001867048-24-000003.txt : 20240625
0001867048-24-000003.hdr.sgml : 20240625
20240625181725
ACCESSION NUMBER: 0001867048-24-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240621
FILED AS OF DATE: 20240625
DATE AS OF CHANGE: 20240625
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Clary Michael L.
CENTRAL INDEX KEY: 0001867048
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08491
FILM NUMBER: 241070167
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]
ORGANIZATION NAME: 01 Energy & Transportation
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
X0508
4
2024-06-21
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 & CAO
0
Common Stock
2024-06-25
4
S
0
30634
4.905
D
351972
D
Common Stock
2024-06-21
4
A
0
66397
5.17
A
351972
D
Common Stock
2024-06-21
4
J
0
9137
0
A
9137
I
Held in 401(k) Plan Account
Performance rights
0
2024-06-21
4
A
0
66397
0
A
2027-01-01
2027-01-01
Common Stock
66397
351972
D
Mr. Clary was awarded (i) 21,574 restricted stock units on June 21, 2021, (ii) 40,632 restricted stock units n June 21, 2022, and (iii) 40,990 restricted stock units on June 21, 2023. The restrictions lapsed on 1/3 of those vesting units (34,399 shares). To cover his tax liability, Hecla Mining Company sold 30,634 of those shares.
Consists of 123,893 shares held directly, 120,812 performance-based units, and 107,267 unvested restricted stock units.
Award of restricted stock units that vest as follows: 22,132 shares on June 21, 2025; 22,132 shares on June 21, 2026; and 22,133 shares on June 21, 2027.
See footnote 2.
Held as 761.561 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 9,137 shares.
Mr. Clary was awarded performance rights representing the contingent right to receive between $171,638 and $686,660 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 31, 2026) 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% of target ($686,660 in stock); 50th percentile rank among peers = target award at grant value ($343,275 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($85,819 in stock).
See footnote 2.
Tami D. Whitman, Attorney-in-Fact for Michael L. Clary
2024-06-25