0001693472-24-000001.txt : 20240621 0001693472-24-000001.hdr.sgml : 20240621 20240621161947 ACCESSION NUMBER: 0001693472-24-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240606 FILED AS OF DATE: 20240621 DATE AS OF CHANGE: 20240621 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Boggs Catherine J CENTRAL INDEX KEY: 0001693472 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08491 FILM NUMBER: 241060663 MAIL ADDRESS: STREET 1: 6500 N MINERAL DR., 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] ORGANIZATION NAME: 01 Energy & Transportation 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 X0508 4 2024-06-06 0 0000719413 HECLA MINING CO/DE/ HL 0001693472 Boggs Catherine J 6500 N MINERAL DR., SUITE 200 COEUR D'ALENE ID 83815 1 1 0 0 Interim President & CEO 0 Common Stock 2024-06-06 4 A 0 2089 5.89 A 263558 D Common Stock 2024-06-21 4 A 0 24281 5.148 A 287839 D Ms. Boggs entered into an Interim CEO Agreement ("ICEO Agreement") with Hecla Mining Company ("Company") and accepted the position of Interim President and CEO ("ICEO") of the Company. She will receive a monthly management fee in the amount of $106,000, comprised of $63,600 in cash, prorated for each partial month of service, and $42,400 of value in the form of common stock of the Company, from the Hecla Mining Company 2010 Stock Incentive Plan ("2010 Stock Plan"), prorated for each partial month of service. The stock component will be determined by dividing the applicable stock fee by the closing price of a share of the Company common stock on the NYSE on the last trading day of the applicable month, or on the last trading day prior to the termination of the ICEO Agreement. The shares granted to Ms. Boggs under the ICEO Agreement will be delivered to Ms. Boggs in aggregate within ten business days after the termination of the ICEO Agreement, but in all events before March 15, 2025. The shares granted for the month of May 2024 are prorated from May 22, 2024 to May 31, 2024 (2,089 shares). The closing stock price on the NYSE on May 31, 2024 was $5.89. Consists of 140,274 shares held directly and 123,284 shares deferred into a trust under the Hecla Mining Company Stock Plan for Nonemployee Directors. As a member of the Board of Directors, and Chair of the Board, Ms. Boggs received $125,000 in equity ("Director Stock Saward") under the 2010 Stock Plan. Ms. Boggs elected to receive 75% of her Director Stock Award under the 2010 Stock Plan (18,211 shares)and 25% (6,070 shares)are deferred. The price is the average closing price for Hecla's common stock on the NYSE for the prior calendar year (2023). Consists of 158,485 shares held directly and 129,354 shares deferred into trust under (i) the Hecla Mining Company Stock Plan for Nonemployee Directors (123,284 shares); and (ii) the 2010 Stock Plan (6,070 shares). Tami D. Whitman, Attorney-in-Fact for Catherine J. Boggs 2024-06-21