HECLA MINING CO/DE/ — Director's Dealing 2024

Aug 23, 2024

SEC Form 4/A — Form 4/A

Issuer: HECLA MINING CO/DE/ (HL)
CIK: 0000719413
Period of Report: 2024-06-06

Reporting Person: Boggs Catherine J (Director, Interim President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-06	Common Stock	A	2089	$5.89	Acquired	257488	Direct
2024-06-21	Common Stock	A	24281	$5.148	Acquired	281769	Direct

Footnotes

F1: Ms. Boggs entered into an Interim CEO Agreement ("ICEO" Agreement) with Hecla Mining Company ("Company") and accepted the position of Interim President and CEO ("ICEO") of the Company. She will receive a monthly management fee in the amount of $106,000, comprised of $63,600 in cash, prorated for each partial month of service, and $42,400 of value in the form of common stock of the Company, from the Hecla Mining Company 2010 Stock Incentive Plan ("2010 Stock Plan"), prorated for each partial month. The stock component will be determined by dividing the applicable stock fee by the closing price of a share of the Common common stock on the NYSE on the last trading day of the applicable month, or on the last trading day prior to the termination of the ICEO Agreement. The shares granted to Ms. Boggs under the ICEO Agreement will be delivered to Ms. Boggs in aggregate within ten business days after the termination of the ICEO Agreement, but in all events before March 15, 2025.

F2: The shares granted for the month of May 2024 are prorated from May 22, 2024 to May 31, 2024 (2,089 shares). The closing stock price on the NYSE on May 31, 2024 was $5.89.

F3: Consists of 140,274 shares held directly and 117,214 shares deferred into a trust under the Hecla Mining Company Stock Plan for Nonemployee Directors.

F4: As a member of the Board of Directors, and Chair of the Board, Ms. Boggs received $125,000 in equity ("Director Stock Award") under the 2010 Stock Plan. Ms. Boggs elected to receive 75% of her Director Stock Award under the 2010 Stock Plan (18,211 shares) and 25% (6,070 shares) are deferred.

F5: The price is the average closing price for Hecla's common stock on the NYSE for the prior calendar year (2023).

F6: Consists of 158,485 shares held directly and 123,284 shares deferred into trust under (i) the Hecla Mining Company Stock Plan for Nonemployee Directors (123,284 shares); and (ii) the 2010 Stock Plan (6,070 shares).