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