X0306 4 2016-09-08 0 0000066649 MINES MANAGEMENT INC MGN 0001193358 FRANKLIN ROY 3910 S. MORAIN LOOP KENNEWICK WA 99336 1 0 0 0 Common Stock 2016-09-08 4 M 0 25000 0.91 A 321610 D Common Stock 2016-09-08 4 M 0 25000 0.91 A 351610 D Common Stock 2016-09-08 4 F 0 33212 1.37 D 318398 D Stock Options (Right to Buy) 0.91 2016-09-08 4 M 0 25000 0 D 2019-11-30 Common Stock 25000 0 D Stock Options (Right to Buy) 0.91 2016-09-08 4 M 0 25000 0 D 2020-04-15 Common Stock 25000 0 D The option was granted on June 11, 2014 and vested 100% on November 30, 2014. The option was granted on June 11, 2014 and vested 100% on April 15, 2015. /s/ Glenn M. Dobbs for Roy Franklin Pursuant to Power of Attorney 2016-09-12