4//SEC Filing
BAKER PHILLIPS S JR 4
Accession 0001166074-23-000002
CIK 0000719413other
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 2:24 PM ET
Size
9.9 KB
Accession
0001166074-23-000002
Insider Transaction Report
Form 4
BAKER PHILLIPS S JR
DirectorPresident and CEO
Transactions
- Award
Common Stock
2023-06-21$5.05/sh+141,584$714,999→ 5,544,505 total - Award
Common Stock
2023-06-21+50,515→ 50,515 total(indirect: By 401(k)) - Award
Performance rights
2023-06-21+141,584→ 5,544,505 totalExercise: $0.00From: 2026-01-01Exp: 2026-01-01→ Common Stock (141,584 underlying)
Footnotes (5)
- [F1]Award of restricted stock units that vest as follows: 47,195 shares on June 21, 2024, 47,195 shares on June 21, 2025, and 47,194 shares on June 21, 2026.
- [F2]Consists of 3,136,227 shares held directly, 1,795,964 shares deferred under the Hecla Mining Company Key Employee Deferred compensation Plan, 351,762 performance-based units, and 260,552 unvested restricted stock units.
- [F3]Held as 4,209.622 units in Mr. Baker's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 50,515 shares.
- [F4]Mr. Baker was awarded performance rights representing the contingent right to receive between $357,500 and $1,430,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) relative to our peers. Examples of the potential grant of shares to Mr. Baker under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($1,430,000 in stock); 40th to 60th percentile rank among peers = target award at grant value ($715,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($357,500 in stock).
- [F5]See footnote 2.
Documents
Issuer
HECLA MINING CO/DE/
CIK 0000719413
Entity typeother
Related Parties
1- filerCIK 0001166074
Filing Metadata
- Form type
- 4
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 2:24 PM ET
- Size
- 9.9 KB