CALLAHAN MICHAEL H 4
4 · HECLA MINING CO/DE/ · Filed Dec 28, 2006
Insider Transaction Report
Form 4
CALLAHAN MICHAEL H
VP - Corporate Development
Transactions
- Exercise/Conversion
Common Stock
2006-12-27$3.57/sh+62,972$224,999→ 135,325 total - Other
Common Stock
2006-12-27$7.84/sh−90,647$710,672→ 44,678 total - Exercise/Conversion
Stock Options
2006-12-27−27,675→ 223,537 totalExercise: $4.88From: 2005-01-01Exp: 2011-05-14→ Common Stock (27,675 underlying) - Exercise/Conversion
Common Stock
2006-12-27$4.88/sh+27,675$134,999→ 72,353 total - Exercise/Conversion
Stock Options
2006-12-27−62,972→ 160,565 totalExercise: $3.57From: 2006-01-01Exp: 2012-05-16→ Common Stock (62,972 underlying)
Footnotes (1)
- [F1]These are discounted stock options purchased by Mr. Callahan under the terms of the Key Employee Deferred Compensation Plan (the "Plan"). On December 27, 2006, Mr. Callahan exercised these stock options within the Plan. These stock options were not sold in the open market. The amount of gain realized by Mr. Callahan from the exercise of these stock options will be held in the Investment Account under the Plan, until such time as Mr. Callahan has a distributable event under the terms of the Plan, or at such time as Mr. Callahan has elected under the terms of the Plan.