HECLA MINING CO/DE/ — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HECLA MINING CO/DE/ (HL)
CIK: 0000719413
Period of Report: 2021-01-04

Reporting Person: Roberts Lauren M (Sr. Vice President - COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Common Stock	J	1963	—	Acquired	1963	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-04	Phantom Stock	$	A	15107	Acquired		Common Stock (15107)	Direct

Footnotes

F1: 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 services as an officer, or upon a specified future date as previously elected by the reporting person.

F2: Mr. Roberts deferred part of his compensation into the Hecla Mining Company Key Employee Deferred Compensation Plan during the period October 1, 2020 to December 31, 2020. At the end of the period, Mr. Roberts was credited with a number of phantom stock units.

F3: The share price is based on the average closing price of Hecla's common stock for each day during the fourth quarter 2020.

F4: Consists of 67,634 shares held directly, 124,132 Performance Units, 148,883 unvested Restricted Stock Units, and 190,391 shares of Phantom Stock held under the Key Employee Deferred Compensation Plan.

F5: Held as 159.007 units in Mr. Robert's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 1,963 shares.