4//SEC Filing
Absolom Stuart Maurice 4
Accession 0002024032-24-000002
CIK 0000719413other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 8:19 PM ET
Size
11.7 KB
Accession
0002024032-24-000002
Insider Transaction Report
Form 4
Absolom Stuart Maurice
VP - Principal Acctg. Officer
Transactions
- Sale
Common Stock
2024-06-25$4.91/sh−4,499$22,068→ 69,036 total - Award
Common Stock
2024-06-21$5.17/sh+19,342$99,998→ 69,036 total - Other
Common Stock
2024-06-21+11,328→ 11,328 total(indirect: By 401(k)) - Award
Performance rights
2024-06-21+19,342→ 69,036 totalExercise: $0.00From: 2027-01-01Exp: 2027-01-01→ Common Stock (19,342 underlying)
Footnotes (7)
- [F1]Mr. Absolom was awarded (i) 22,573 restricted stock units on June 21, 2022, and (ii) 19,802 restricted stock units on June 21, 2023. To cover his tax liability, Hecla Mining Company sold 4,499 shares.
- [F2]Consists of 9,626 shares held directly, 19,342 performance-based shares, and 40,068 unvested restricted stock units.
- [F3]Award of restricted stock units that vest as follows: 6,447 shares on June 21, 2025, 6,447 shares on June 21, 2026, and 6,448 shares on June 21, 2027.
- [F4]See footnote 2.
- [F5]Held as 944.154 units in Mr. Absolom's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 11,328 shares.
- [F6]Mr. Absolom was awarded performance rights representing the contingent right to receive between $25,000 and $200,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 31, 2026) relative to our peers. Examples of the potential grant of shares to Mr. Absolom under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($200,000 in stock); 50th percentile rank among peers = target award at grant value ($100,000 in stock), and 25th percentile rank among peers = threshold award at 25% of target ($25,000 in stock).
- [F7]See footnote 2.
Documents
Issuer
HECLA MINING CO/DE/
CIK 0000719413
Entity typeother
Related Parties
1- filerCIK 0002024032
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 8:19 PM ET
- Size
- 11.7 KB