0001869029-22-000001.txt : 20220623 0001869029-22-000001.hdr.sgml : 20220623 20220623170011 ACCESSION NUMBER: 0001869029-22-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220621 FILED AS OF DATE: 20220623 DATE AS OF CHANGE: 20220623 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Allen Kurt CENTRAL INDEX KEY: 0001869029 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08491 FILM NUMBER: 221036162 BUSINESS ADDRESS: BUSINESS PHONE: 2087694199 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] 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 2022-06-21 0 0000719413 HECLA MINING CO/DE/ HL 0001869029 Allen Kurt 6500 N. MINERAL DR., SUITE 200 COEUR D'ALENE ID 83815 0 1 0 0 Vice President - Exploration Common Stock 2022-06-21 4 F 0 5968 0 D 120430 D Common Stock 2022-06-21 4 A 0 33860 4.43 A 120430 D Common Stock 2022-06-21 4 J 0 11590 0 A 11590 I Held in 401(k)Plan Account Performance rights 0 2022-06-21 4 A 0 22573 0 A 2025-01-01 2026-01-01 Common Stock 22573 120430 D Mr. Allen was awarded (i) 14,462 restricted stock units on June 21, 2019; (ii) 26,403 restricted stock units on June 22, 2020; and (iii) 25,381 restricted stock units on June 21, 2021. The restrictions lapsed on 1/3 of those vesting units (24,508 shares). Mr. Allen elected to have Hecla Mining Company withhold 5,968 shares to cover his tax liability. Total consists of 38,276 shares held directly, 22,573 performance-based shares, and 59,581 unvested restricted stock units. Award of restricted stock units that vest as follows: 11,287 shares on June 21, 2023; 11,287 shares on June 21, 2024; and 11,286 shares on June 21, 2025. See footnote 2 Held as 964.936 units in Mr. Allen's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 11,590 shares. Mr. Allen 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, 2022 to December 31, 2024) relative to our peers. Examples of the potential grant of shares to Mr. Allen under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of 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). See footnote 2. Tami D. Whitman, Attorney-in-Fact for Kurt Allen 2022-06-23