4//SEC Filing
Brown Robert Denis 4
Accession 0001667482-23-000002
CIK 0000719413other
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 11:23 AM ET
Size
10.0 KB
Accession
0001667482-23-000002
Insider Transaction Report
Form 4
Brown Robert Denis
VP - Corp. Develop & Sustain.
Transactions
- Tax Payment
Common Stock
2023-06-21−19,882→ 474,127 total - Award
Common Stock
2023-06-21$5.05/sh+37,030$187,002→ 474,127 total - Award
Performance-based units
2023-06-21+25,050→ 474,127 totalExercise: $0.00From: 2026-01-01Exp: 2026-01-01→ Common Stock (25,050 underlying)
Footnotes (6)
- [F1]Mr. Brown was awarded 52,805 restricted stock units on June 22, 2020, (ii) 20,305 restricted stock units on June 21, 2021, and (iii) 38,374 restricted stock units on June 21, 2022. The restrictions lapsed on 1/3 of those vesting units (37,161 shares). Mr. Brown elected to have Hecla Mining Company withhold 19,882 shares to cover his tax liability.
- [F2]Consists of 340,413 shares held directly, 64,334 performance-based shares, and 69,380 unvested restricted stock units.
- [F3]Award of restricted stock units that vest as follows: 12,344 shares on June 21, 2024, 12,343 shares on June 21, 2025, and 12,343 shares on June 21, 2026.
- [F4]See footnote 2.
- [F5]Mr. Brown was awarded performance rights representing the contingent right to receive between $63,250 and $253,000 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. Brown under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($253,000 in stock); 40th to 60th percentile rank among peers = target award at grant value ($126,500 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($63,250 in stock).
- [F6]See footnote 2.
Documents
Issuer
HECLA MINING CO/DE/
CIK 0000719413
Entity typeother
Related Parties
1- filerCIK 0001667482
Filing Metadata
- Form type
- 4
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 11:23 AM ET
- Size
- 10.0 KB