4//SEC Filing
Allen Kurt 4
Accession 0001869029-25-000003
CIK 0000719413other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 5:51 PM ET
Size
11.8 KB
Accession
0001869029-25-000003
Insider Transaction Report
Form 4
Allen Kurt
VP-Exploration
Transactions
- Award
Common Stock
2025-06-23$5.82/sh+51,869$301,878→ 268,860 total - Award
Performance rights
2025-06-23+51,869→ 268,860 totalExercise: $0.00From: 2028-01-01Exp: 2028-01-01→ Common Stock (51,869 underlying) - Tax Payment
Common Stock
2025-06-23$5.82/sh−9,309$54,178→ 268,860 total - Other
Common Stock
2025-06-23+26,161→ 26,161 total(indirect: By 401(k))
Footnotes (7)
- [F1]Mr. Allen was awarded (i) 33,860 restricted stock units on June 21, 2022; 32,673 restricted stock units on June 21, 2023; and 48,138 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 9,309 shares.
- [F2]Consists of 52,219 shares held directly, 121,789 performance-based units, and 94,852 unvested restricted stock units.
- [F3]Award of restricted stock units that vest as follows: 17,290 shares on June 21, 2026; 17,290 shares on June 21, 2027; and 17,289 shares on June 21, 2028.
- [F4]See footnote 2.
- [F5]Held as 2,185.124 units in Mr. Allen's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 26,161 shares.
- [F6]Mr. Allen was awarded performance rights representing the contingent right to receive between $301,875 and $603,750 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. Allen under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($603,750 in stock); 50th percentile rank among peers = target award at grant value ($301,875 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 0001869029
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 5:51 PM ET
- Size
- 11.8 KB