4//SEC Filing
Roberts Lauren M 4
Accession 0001784406-23-000002
CIK 0000719413other
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 1:38 PM ET
Size
11.9 KB
Accession
0001784406-23-000002
Insider Transaction Report
Form 4
Roberts Lauren M
Sr. Vice President & COO
Transactions
- Award
Common Stock
2023-06-21$5.05/sh+68,317$345,001→ 921,908 total - Tax Payment
Common Stock
2023-06-21−24,479→ 921,908 total - Award
Performance rights
2023-06-21+45,545→ 921,908 totalExercise: $0.00From: 2026-01-01Exp: 2026-01-01→ Common Stock (45,545 underlying) - Other
Common Stock
2023-06-21+9,620→ 9,620 total(indirect: By 401(k))
Footnotes (7)
- [F1]Mr. Roberts was awarded (i) 74,257 restricted stock units on June 22, 2020, (ii) 28,553 restricted stock units on June 21, 2021, and (iii) 67,720 restricted stock units on June 21, 2022. The restrictions lapsed on 1/3 of those vesting units (56,844 shares). Mr. Roberts elected to have Hecla Mining company withhold 24,479 shares to cover his tax liability.
- [F2]Consists of 350,082 shares held directly, 339,119 shares deferred under the Hecla Mining Company Key Employee Deferred Compensation Plan, 109,727 performance-based units, and 122,980 unvested restricted stock units.
- [F3]Award of restricted stock units that vest as follows: 22,773 shares on June 21, 2024; 22,772 shares on June 21, 2025; and 22,772 shares on June 21, 2026.
- [F4]See footnote 2.
- [F5]Held as 801.667 units in Mr. Robert's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 9,620 shares.
- [F6]Mr. Roberts was awarded performance rights representing the contingent right to receive between $115,000 and $460,000 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. Roberts under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($460,000 in stock); 40th to 60th percentile rank among peers = target award at grant value ($230,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($115,000 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, 1:38 PM ET
- Size
- 11.9 KB