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HECLA MINING CO/DE/ — Director's Dealing 2024
Feb 5, 2024
30738_dirs_2024-02-05_fc704cb4-f4d8-4e55-aa75-6efe488c8dba.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: HECLA MINING CO/DE/ (HL)
CIK: 0000719413
Period of Report: 2023-12-16
Reporting Person: Aguiar Rodriguez Carlos Roberto (VP - Operations)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 51255 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance-based units | $0 | 2026-01-01 | Common Stock (21318) | Direct |
Footnotes
F1: Consists of: 22,413 RSUs that vest on 6/21/24; 18,183 RSUs that vest on 6/21/25; and 10,659 RSUs that vest on 6/21/26.
F2: Mr. Aguiar was awarded performance rights representing the contingent right to receive between $55,000 and $220,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) relative to our peers. Examples of the potential grant of shares to Mr. Aguiar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($220,000 in stock); 40th to 60th percentile rank among peers = target at grant value ($110,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($55,000 in stock).