0001869029-24-000002.txt : 20240625
0001869029-24-000002.hdr.sgml : 20240625
20240625192318
ACCESSION NUMBER: 0001869029-24-000002
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: Allen Kurt
CENTRAL INDEX KEY: 0001869029
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08491
FILM NUMBER: 241070268
BUSINESS ADDRESS:
BUSINESS PHONE: 2087694199
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
0001869029
Allen Kurt
6500 N. MINERAL DR., SUITE 200
COEUR D'ALENE
ID
83815
0
1
0
0
VP - Exploration
0
Common Stock
2024-06-25
4
S
0
7910
4.905
D
282269
D
Common Stock
2024-06-21
4
A
0
30638
5.17
A
282269
D
Common Stock
2024-06-21
4
J
0
20149
0
A
20149
I
Held in 401(k) Plan Account
Common Stock
0
2024-06-21
4
A
0
48138
0
A
2027-01-01
2027-01-01
Common Stock
48138
282269
D
Mr. Allen was awarded (i) 25,381 restricted stock units on June 21, 2021, (ii) 33,860 restricted stock units on June 21, 2022, and (iii) 32,673 restricted stock units on June 21, 2023. The restrictions lapsed on 1/3 of those vesting units (30,638 shares). To cover his tax liability, Hecla Mining Company sold 7,910 shares.
Consists of 108,569 shares held directly, 92,493 performance-based shares, and 81,207 unvested restricted stock units.
Award of restricted stock units that vest as follows: 10,212 shares on June 21, 2025; 10,213 shares on June 21, 2026; and 10,213 shares on June 21, 2027.
See footnote 2.
Held as 1.679.37 units in Mr. Allen's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 20,149 shares.
Mr. Allen was awarded performance rights representing the contingent right to receive between $62,219 and $497,750 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. Allen under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($497,750 in stock); 50th percentile rank among peers = target award at grant value ($248,875 in stock); and 25th percentile rank among peers = threshold award at 25% of target (%62,219 in stock).
See footnote 2.
Tami D. Whitman, Attorney-in-Fact for Kurt Allen
2024-06-25