X0303 4 2008-05-22 0 0000719413 HECLA MINING CO/DE/ HL 0001166074 BAKER PHILLIPS S JR 6500 NORTH MINERAL DRIVE SUITE 200 COEUR D 'ALENE ID 83815 1 1 0 0 President & CEO Common Stock 2008-05-22 4 M 0 51889 3.573 A 407458 D Common Stock 2008-05-22 4 J 0 51889 9.78 A 355569 D Common Stock 2008-08-15 4 M 0 30581 2.943 A 386150 D Common Stock 2008-08-15 4 J 0 30581 6.88 A 355569 D Stock Options 3.573 2008-05-22 4 M 0 51889 0 D 2006-01-01 2012-05-16 Common Stock 51889 1200681 D Stock Options 2.943 2008-08-15 4 M 0 30581 0 D 2006-05-18 2012-11-18 Common Stock 30581 1170100 D These are discounted stock options purchased by Mr. Baker under the terms of the Key Employee Deferred Compensation Plan (the "Plan"). On May 22, 2008, Mr. Baker exercised these stock options within the Plan. These stock options were not sold in the open market. The amount of gain realized by Mr. Baker from the exercise of these stock options will be held in the Investment Account under the Plan, until such time as Mr. Baker has a distributable event under the terms of the Plan, or at such time as Mr. Baker has elected under the terms of the Plan. These are discounted stock options purchased by Mr. Baker under the terms of the Key Employee Deferred Compensation Plan (the "Plan"). On August 15, 2008, Mr. Baker exercised these stock options within the Plan. These stock options were not sold in the open market. The amount of gain realized by Mr. Baker from the exercise of these stock options will be held in the Investment Account under the Plan, until such time as Mr. Baker has a distributable event under the terms of the Plan, or at such time as Mr. Baker has elected under the terms of the Plan. Tami D. Hansen, Attorney-in-Fact for Phillips S. Baker, Jr. 2008-08-19