SEC Form 4
Washington, D.C. 20549


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Roberts Lauren M

(Last) (First) (Middle)


(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. Vice President - COO
3. Date of Earliest Transaction (Month/Day/Year)
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/18/2019 J 303(1) A $3.14 303(1) I By 401(k) Plan
Common Stock 12/18/2019 S 303(2) D $3.14 0 I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (3) 12/31/2019 A 38,770(4) (3) (3) Common Stock 38,770(4) $2.4528(5) 234,133(6) D
Explanation of Responses:
1. Between August 5, 2019 and October 2, 2019, Mr. Roberts acquired 303 shares of Hecla Mining Company common stock under the Hecla Mining Company Capital Accumulation Plan ("401(k) Plan"). The information in this report is based on a plan statement dated as of October 2, 2019. They are held as 40.723 units in Mr. Robert's 401(k) Plan account, and estimated to be 303 shares.
2. Total Hecla Mining Company shares held by Mr. Roberts in his 401(k) Plan account as of December 18, 2019, the date on which Mr. Roberts transferred the balance from the Hecla stock fund to other funds in the 401(k) Plan.
3. Each share of phantom stock is the economic equivalent of one share of common stock. The shares become payable in common stock at the election of the reporting person, upon the reporting person's termination of service as an officer, or upon a specified future date as previously elected by the reporting person.
4. Mr.Roberts deferred part of his compensation into the Hecla Mining Company Key Employee Deferred Compensation Plan during the period October 1, 2019 to December 31, 2019. At the end of the period, Mr. Roberts was credited with a number of phantom stock units.
5. The share price is based on the average closing price of Hecla's common stock for each day during the fourth quarter 2019.
6. Consists of 74,627 Performance Units, 111,940 Restricted Stock Units, and 47,566 shares of Phantom Stock.
Tami D. Whitman, Attorney-in-Fact for Lauren M. Roberts 01/03/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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