HECLA MINING CO/DE/ — Director's Dealing 2020

Apr 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HECLA MINING CO/DE/ (HL)
CIK: 0000719413
Period of Report: 2020-03-31

Reporting Person: Roberts Lauren M (Sr. VP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-31	Common Stock	A	30320	—	Acquired	142269	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-01	Phantom Stock	$	A	29069	Acquired		Common Stock (29069)	Direct

Footnotes

F1: 100% of the 2017-2019 Long-term Incentive Plan award was paid in equity.

F2: Consists of 30,320 shares held directly, and 111,940 unvested restricted stock units.

F3: Each share of phantom stock is the economic equivalent of one share of common stock. The shares become payable in common stock at the election of the reporting person, upon the reporting person's termination of service as an officer or upon a specified future date as previously elected by the reporting person.

F4: Mr. Roberts deferred part of his compensation into the Hecla Mining Company Key Employee Deferred Compensation Plan during the period January 1, 2020 to March 31, 2020. At the end of the period, Mr. Roberts was credited with a number of phantom stock units.

F5: The share price is based on the average closing price of Hecla's common stock for each day during the first quarter 2020.

F6: Consists of 74,627 Performance Units and 76,635 shares of phantom stock held in the Key Employee Deferred Compensation Plan.