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

Aug 22, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HECLA MINING CO/DE/ (HL)
CIK: 0000719413
Period of Report: 2024-08-20

Reporting Person: Sienko David C (SR. VP - General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-08-20	Common Stock	A	5092	$6.01	Acquired	1006307	Direct
2024-08-20	Common Stock	J	13351	—	Acquired	13351	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-08-20	Performance rigts	$0	A	5092	Acquired	2027-01-01	Common Stock (5092)	Direct

Footnotes

F1: Mr. Sienko was promoted to Sr. Vice President - General Counsel on 8/16/2024. Award of restricted stock units that vest as follows: 1,697 shares on June 21, 2025; 1,697 shares on June 21, 2026; and 1,698 shares on June 21, 2027.

F2: Consists of 788,968 shares held directly, 115,411 performance-based shares and 101,928 unvested restricted stock units.

F3: As part of his promotion, Mr. Sienko was also awarded performance-based units representing the contingent right to receive between $15,300 and $61,200 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. Sienko under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($61,200 in stock); 50th percentile rank among peers = target award at grant value ($30,600 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($15,300 in stock).

F4: See footnote 2.

F5: Held as 1,115.18 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 13,351 shares.