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HECLA MINING CO/DE/ — Director's Dealing 2025
Jun 25, 2025
30738_dirs_2025-06-25_98d3c53e-c4ba-4318-8149-25e081eda614.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HECLA MINING CO/DE/ (HL)
CIK: 0000719413
Period of Report: 2025-06-23
Reporting Person: Lawlar Russell Douglas (Sr. VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-06-23 | Common Stock | F | 33796 | $5.82 | Disposed | 495774 | Direct |
| 2025-06-23 | Common Stock | A | 65399 | $5.82 | Acquired | 495774 | Direct |
| 2025-06-23 | Common Stock | J | 20105 | — | Acquired | 20105 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-06-23 | Performance rights | $0 | A | 65399 | Acquired | 2028-01-01 | Common Stock (65399) | Direct |
Footnotes
F1: Mr. Lawlar was awarded (i) 44,018 restricted stock units on June 21, 2022; 44,401 restricted stock units on June 21, 2023; and 71,180 restricted stock units on June 21, 2024. One-third of those restricted stock units vested on June 23, 2025. To cover his tax liability on those vested units, Hecla Mining Company withheld 33,796 shares.
F2: Consists of 201,934 shares held directly, 166,188 performance-based units, and 127,652 unvested restricted stock units.
F3: Award of restricted stock units that vest as follows: 21,800 shares on June 21, 2026; 21,800 shares on June 21, 2027; and 21,799 shares on June 21, 2028.
F4: See footnote 2.
F5: Held as 1,679.279 units in Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 20,105 shares.
F6: Mr. Lawlar was awarded performance rights representing the contingent right to receive between $380,625 and $761,250 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Lawlar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($761,250 in stock); 50th percentile rank among peers = target award at grant value ($380,625 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
F7: See footnote 2.