MINES MANAGEMENT INC 4

Accession 0001104659-16-144473

CIK 0000066649operating

View on SEC.gov Company Profile

Filed

Sep 12, 8:00 PM ET

Accepted

Sep 13, 8:39 PM ET

Size

25.0 KB

Accession

0001104659-16-144473

Insider Transaction Report

Form 4

Period: 2016-09-13

MINES MANAGEMENT INCMGN

POGUE JERRY

Director

Transactions

Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−40,000→ 0 total
Exercise: $0.57Exp: 2018-12-31→ Common Stock (40,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−25,000→ 0 total
Exercise: $0.20Exp: 2018-02-19→ Common Stock (25,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−25,000→ 0 total
Exercise: $0.91Exp: 2019-11-30→ Common Stock (25,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−25,000→ 0 total
Exercise: $0.91Exp: 2020-04-15→ Common Stock (25,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−25,000→ 0 total
Exercise: $0.54Exp: 2020-04-01→ Common Stock (25,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−25,000→ 0 total
Exercise: $0.54Exp: 2021-02-12→ Common Stock (25,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−60,000→ 0 total
Exercise: $0.28Exp: 2021-02-12→ Common Stock (60,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−25,000→ 0 total
Exercise: $0.20Exp: 2017-07-18→ Common Stock (25,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2016-09-13−60,000→ 0 total
Exercise: $0.57Exp: 2019-06-01→ Common Stock (60,000 underlying)

Footnotes (19)

[F1]The option was granted on July 18, 2012 and vested 100% on July 18, 2012.
[F10]The option was cancelled in connection with 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"). The option was cancelled in consideration for shares of Hecla common stock (with cash being paid in lieu of fractional shares) representing the value equal to the difference between (x) the product of 0.2218 and the closing price of Hecla common stock on the date prior to the effective date of the Merger and (y) the option exercise price. The closing price of Hecla common stock on September 13, 2016, the effective date of the Merger, was $5.40.
[F11]The Hecla common stock issued had a value of $27,105.55.
[F12]The Hecla common stock issued had a value of $27,105.55.
[F13]The Hecla common stock issued had a value of $28,568.88.
[F14]The Hecla common stock issued had a value of $42,853.32.
[F15]The Hecla common stock issued had a value of $9,355.55.
[F16]The Hecla common stock issued had a value of $9,355.55.
[F17]The Hecla common stock issued had a value of $18,605.55.
[F18]The Hecla common stock issued had a value of $18,605.55.
[F19]The Hecla common stock issued had a value of $60,253.32.
[F2]The option was granted on February 19, 2013 and vested 100% on February 19, 2013.
[F3]The option was granted on July 19, 2013 and vested 100% on December 31, 2013.
[F4]The option was granted on July 19, 2013 and vested 100% on June 1, 2014.
[F5]The option was granted on June 11, 2014 and vested 100% on November 30, 2014.
[F6]The option was granted on June 11, 2014 and vested 100% on April 15, 2015.
[F7]The option was granted on December 12, 2014 and vested 100% on April 1, 2015.
[F8]The option was granted on December 12, 2014 and vested 100% on February 12, 2016.
[F9]The option was granted on October 27, 2015 and vested 100% on February 12, 2016.

Documents

1 file

4
a4.xmlPrimary
4

Issuer

MINES MANAGEMENT INC

CIK 0000066649

→

Entity typeoperating

IncorporatedID

Related Parties

filerCIK 0000066649

Filing Metadata

Form type: 4
Filed: Sep 12, 8:00 PM ET
Accepted: Sep 13, 8:39 PM ET
Size: 25.0 KB

View on SEC.gov