4//SEC Filing
Clary Michael L. 4
Accession 0001867048-25-000002
CIK 0000719413other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 6:03 PM ET
Size
11.9 KB
Accession
0001867048-25-000002
Insider Transaction Report
Form 4
Clary Michael L.
Sr. VP & CAO
Transactions
- Tax Payment
Common Stock
2025-06-23$5.82/sh−28,767$167,424→ 431,672 total - Award
Common Stock
2025-06-23$5.82/sh+60,137$349,997→ 431,672 total - Other
Common Stock
2025-06-23+16,271→ 16,271 total(indirect: By 401(k)) - Award
Performance rights
2025-06-23+60,137→ 431,672 totalExercise: $0.00From: 2028-01-01Exp: 2028-01-01→ Common Stock (60,137 underlying)
Footnotes (7)
- [F1]Mr. Clary was awarded (i) 40,632 restricted stock units on June 21, 2022; 40,990 restricted stock units on June 21, 2023; and 66,397 restricted stock units on June 21, 2024. One-third of those restricted stock units vested on June 23, 2025. To cover his tax liability on those vested units, Hecla Mining Company withheld 28,767 shares.
- [F2]Consists of 159,746 shares held directly, 153,861 performance-based units, and 118,065 unvested restricted stock units.
- [F3]Award of restricted stock units that vest as follows: 20,046 shares on June 21, 2026; 20,046 shares on June 21, 2027; and 20,045 shares on June 21, 2028.
- [F4]See footnote 2.
- [F5]Held as 1,359.025 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 16,271 shares.
- [F6]Mr. Clary was awarded performance rights representing the contingent right to receive between $350,000 and $700,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Clary under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($700,000 in stock);; 50th percentile rank among peers = target award at grant value ($350,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
- [F7]See footnote 2.
Documents
Issuer
HECLA MINING CO/DE/
CIK 0000719413
Entity typeother
Related Parties
1- filerCIK 0001867048
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 6:03 PM ET
- Size
- 11.9 KB