0001481905-19-000003.txt : 20190625 0001481905-19-000003.hdr.sgml : 20190625 20190625194618 ACCESSION NUMBER: 0001481905-19-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190621 FILED AS OF DATE: 20190625 DATE AS OF CHANGE: 20190625 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sienko David C CENTRAL INDEX KEY: 0001481905 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08491 FILM NUMBER: 19919713 BUSINESS ADDRESS: BUSINESS PHONE: (208) 769-4100 MAIL ADDRESS: STREET 1: 6500 N. MINERAL DRIVE, SUITE 200 CITY: COEUR D'ALENE STATE: ID ZIP: 83815 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HECLA MINING CO/DE/ CENTRAL INDEX KEY: 0000719413 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 770664171 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6500 N MINERAL DRIVE SUITE 200 STREET 2: NONE CITY: COEUR D'ALENE STATE: ID ZIP: 83815-9408 BUSINESS PHONE: 2087694100 MAIL ADDRESS: STREET 1: 6500 N MINERAL DRIVE SUITE 200 STREET 2: NONE CITY: COEUR D'ALENE STATE: ID ZIP: 83815-9408 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2019-06-21 0 0000719413 HECLA MINING CO/DE/ HL 0001481905 Sienko David C 6500 N. MINERAL DRIVE, SUITE 200 COEUR D'ALENE ID 83815 0 1 0 0 VP & General Counsel Common Stock 2019-06-21 4 F 0 11148 0 D 540570 D Common Stock 2019-06-21 4 A 0 81522 1.84 A 120729 D Performance Rights 0 2019-06-21 4 A 0 54348 0 A 2022-01-01 2022-01-01 Common Stock 54348 751580 D Mr. Sienko was awarded (i)35,000 restricted stock units on June 7, 2016, (ii) 26,235 restricted stock units on June 7, 2017, and (iii) 45,692 restricted stock units on June 19, 2018. The restrictions lapsed on 1/3 of those vesting units (35,642 shares). Mr. Sienko elected to have Hecla Mining Company withhold 11,148 shares to cover his tax liability. Award of restricted stock units that vest as follows: 27,174 shares on June 21, 2020; 27,174 shares on June 21, 2021; and 27,174 shares on June 21, 2022. Total number of unvested restricted stock units held by Mr. Sienko. Mr. Sienko was awarded performance rights representing the contingent right to receive between $50,000 and $200,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2019 to December 31, 2021) 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% target ($200,000 in stock); 60th percentile rank among peers = target award at grant value ($100,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($50,000 in stock). The number shown in Column 5 of Table II assumes a target payout (i.e., $100,000 worth of common stock), with the common stock valued at the closing price on the day of the award ($1.84). The actual number of shares received (if any) by Mr. Sienko will depend on the Total Shareholder Return performance over the 3-year period and will be determined following the termination of that period. Total consists of 540,570 shares held directly, 120,729 unvested restricted stock units, and 90,281 performance-based shares. Tami D. Whitman, Attorney-in-Fact for David C. Sienko 2019-06-25