4//SEC Filing
HALL LINDSAY A 4
Accession 0001667482-19-000005
CIK 0000719413other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 9:24 PM ET
Size
8.4 KB
Accession
0001667482-19-000005
Insider Transaction Report
Form 4
HALL LINDSAY A
Sr. Vice President & CFO
Transactions
- Award
Common Stock
2019-06-21$1.84/sh+122,283$225,001→ 194,094 total - Award
Performance Rights
2019-06-21+81,522→ 774,625 totalExercise: $0.00From: 2022-01-01Exp: 2022-01-01→ Common Stock (81,522 underlying)
Footnotes (5)
- [F1]Award of restricted stock units that vest as follows: 40,761 shares on June 21, 2020; 40,761 shares on June 21, 2021; and 40,761 shares on June 21, 2022.
- [F2]Total number of unvested restricted stock units held by Mr. Hall.
- [F3]Mr. Hall was awarded performance rights representing the contingent right to receive between $75,000 and $300,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2019 to December 31, 2021) relative to our peers. Examples of the potential grant of shares to Mr. Hall under this plan are as follows: 100th percentile rank among peers = maximum award at 200% target ($300,000 in stock); 60th percentile rank among peers = target award at grant value ($150,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($75,000 in stock).
- [F4]The number shown in Column 5 of Table II assumes a target payout (i.e., $150,000 worth of common stock), with the common stock valued at the closing price on the day of the award ($1.84). The actual number of shares received (if any) by Mr. Hall will depend on the Total Shareholder Return performance over the 3-year period and will be determined following the termination of what period.
- [F5]Total consists of 435,485 shares held directly, 145,046 performance-based shares, and 194,094 unvested restricted stock units.
Documents
Issuer
HECLA MINING CO/DE/
CIK 0000719413
Entity typeother
Related Parties
1- filerCIK 0001329292
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 9:24 PM ET
- Size
- 8.4 KB