HECLA MINING CO/DE/ — Director's Dealing 2022

Jan 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HECLA MINING CO/DE/ (HL)
CIK: 0000719413
Period of Report: 2021-12-31

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-31	Phantom Stock	$	A	14386	Acquired		Common Stock (14386)	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 salary into the Hecla Mining Company Key Employee Deferred Compensation Plan during the period of October 1, 2021 to December 31, 2021. At the end of the fourth quarter, Mr. Roberts was then credited with a number of phantom stock units that were deferred under the plan.

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

F4: Consists of 105,598 shares held directly 143,168 unvested performance-based units, 115,317 unvested restricted stock units, and 339,119 shares of phantom stock held under the Key Employee Deferred Compensation Plan.