4//SEC Filing
Brown Robert Denis 4
Accession 0001667482-24-000003
CIK 0000719413other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 6:54 PM ET
Size
10.1 KB
Accession
0001667482-24-000003
Insider Transaction Report
Form 4
Brown Robert Denis
VP - Corp. Develop & Sustain.
Transactions
- Sale
Common Stock
2024-06-25$4.91/sh−24,792$121,605→ 607,649 total - Award
Common Stock
2024-06-21$5.17/sh+60,479$312,676→ 607,649 total - Award
Performance rights
2024-06-21+60,479→ 607,649 totalExercise: $0.00From: 2027-01-01Exp: 2027-01-01→ Common Stock (60,479 underlying)
Footnotes (6)
- [F1]Mr. Brown was awarded (i) 20,305 restricted stock units on June 21, 2021, (ii) 38,374 restricted stock units on June 21, 2022, and (iii) 37,030 restricted stock units on June 21, 2023. The restrictions lapsed on 1/3 of those vesting units (31,903 shares). To cover his tax liability, Hecla Mining Company sold 24,792 shares.
- [F2]Consists of 398,205 shares held directly, 111,488 performance-based shares; and 97,956 unvested restricted stock units.
- [F3]Award of restricted stock units that vest as follows: 20,159 shares on June 21, 2025, 20,160 shares on June 21, 2026, and 20,160 shares on June 21, 2027.
- [F4]See footnote 2
- [F5]Mr. Brown was awarded performance rights representing the contingent right to receive between $78,169 and $625,350 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 21, 2026) relative to our peers. Examples of the potential grant of shares to Mr. Brown under this plan are as follows: 100th percentile potential grant of shares = maximum award at 200% of target ($625,350 in stock); 50th percentile rank among peers = target award at grant value ($312,675 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($78,169 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 24, 8:00 PM ET
- Accepted
- Jun 25, 6:54 PM ET
- Size
- 10.1 KB