4//SEC Filing
MINES MANAGEMENT INC 4
Accession 0001104659-16-144471
CIK 0000066649operating
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 8:38 PM ET
Size
5.1 KB
Accession
0001104659-16-144471
Insider Transaction Report
Form 4
BABCOCK RUSSELL C
Director
Transactions
- Disposition to Issuer
Common Stock
2016-09-13−230,882→ 0 total
Footnotes (1)
- [F1]Common stock disposed of pursuant to the Agreement and Plan of Merger, dated as of May 23, 2016, as amended on June 29, 2016 and July 29, 2016, among Mines Management, Inc. ("Mines Management"), Hecla Mining Company ("Hecla"), and HL Idaho Corp. ("Merger Sub"), whereby Merger Sub was merged with and into Mines Management (the "Merger") and each share of common stock of Mines Management was converted into 0.2218 (the "Exchange Rate") of a share of Hecla common stock, resulting in the receipt of 51,209 shares of Hecla common stock plus cash paid in lieu of fractional shares. The closing price of Hecla common stock on September 13, 2016, the effective date of the Merger, was $5.40.
Documents
Issuer
MINES MANAGEMENT INC
CIK 0000066649
Entity typeoperating
IncorporatedID
Related Parties
1- filerCIK 0000066649
Filing Metadata
- Form type
- 4
- Filed
- Sep 12, 8:00 PM ET
- Accepted
- Sep 13, 8:38 PM ET
- Size
- 5.1 KB