4//SEC Filing
Roberts Lauren M 4
Accession 0001784406-22-000003
CIK 0000719413other
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 6:34 PM ET
Size
11.9 KB
Accession
0001784406-22-000003
Insider Transaction Report
Form 4
Roberts Lauren M
Sr. Vice President & COO
Transactions
- Award
Common Stock
2022-06-21$4.43/sh+67,720$300,000→ 811,639 total - Award
Performance rights
2022-06-21+45,146→ 811,639 totalExercise: $0.00From: 2025-01-01Exp: 2026-01-01→ Common Stock (45,146 underlying) - Tax Payment
Common Stock
2022-06-21−31,286→ 811,639 total - Other
Common Stock
2022-06-21+6,172→ 6,172 total(indirect: By 401(k))
Footnotes (7)
- [F1]Mr. Roberts was awarded (i) 111,940 restricted stock units on August 5, 2019; (ii) 74,257 restricted stock units on June 22, 2020; and (iii) 28,553 restricted stock units on June 21, 2021. The restrictions lapsed on 1/3 of those vesting units (71,583 shares). Mr. Roberts elected to have Hecla Mining Company withhold 31,286 shares to cover his tax liability.
- [F2]Consists of 247,505 shares held directly, 113,687 performance-based units, 111,328 unvested restricted stock units, and 339,119 shares deferred under the Hecla Mining Company Key Employee Deferred Compensation Plan.
- [F3]Award of restricted stock units that vest as follows: 22,573 shares on June 21, 2023; 22,573 shares on June 21, 2024; and 22,574 shares on June 21, 2025.
- [F4]See footnote 2.
- [F5]Held as 513.881 units in Mr. Robert's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 6,172 shares.
- [F6]Mr. Roberts was awarded performance rights representing the contingent right to receive between $100,000 and $400,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2022 to December 31, 2024) relative to our peers. examples of the potential grant of shares to Mr. Roberts under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($400,000 in stock); 60th percentile rank among peers = target award at grant value ($200,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($100,000 in stock).
- [F7]See footnote 2.
Documents
Issuer
HECLA MINING CO/DE/
CIK 0000719413
Entity typeother
Related Parties
1- filerCIK 0001784406
Filing Metadata
- Form type
- 4
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 6:34 PM ET
- Size
- 11.9 KB