Russell D. Lawlar - Jun 23, 2025 Form 4 Insider Report for HECLA MINING CO/DE/ (HL)

Role
Sr. VP & CFO
Signature
Tami D. Whitman, Attorney-in-Fact for Russell D. Lawlar
Stock symbol
HL
Transactions as of
Jun 23, 2025
Transactions value $
$183,929
Form type
4
Date filed
6/25/2025, 05:27 PM
Previous filing
Feb 26, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lawlar Russell Douglas Sr. VP & CFO 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE Tami D. Whitman, Attorney-in-Fact for Russell D. Lawlar 2025-06-25 0001841980

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HL Common Stock Tax liability -$197K -33.8K -6.38% $5.82 496K Jun 23, 2025 Direct F1, F2
transaction HL Common Stock Award $381K +65.4K +15.2% $5.82 496K Jun 23, 2025 Direct F3, F4
transaction HL Common Stock Other $0 +20.1K $0.00 20.1K Jun 23, 2025 401(k) Plan F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HL Performance rights Award $0 +65.4K +15.2% $0.00 496K Jun 23, 2025 Common Stock 65.4K $0.00 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Lawlar was awarded (i) 44,018 restricted stock units on June 21, 2022; 44,401 restricted stock units on June 21, 2023; and 71,180 restricted stock units on June 21, 2024. One-third of those restricted stock units vested on June 23, 2025. To cover his tax liability on those vested units, Hecla Mining Company withheld 33,796 shares.
F2 Consists of 201,934 shares held directly, 166,188 performance-based units, and 127,652 unvested restricted stock units.
F3 Award of restricted stock units that vest as follows: 21,800 shares on June 21, 2026; 21,800 shares on June 21, 2027; and 21,799 shares on June 21, 2028.
F4 See footnote 2.
F5 Held as 1,679.279 units in Mr. Lawlar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 20,105 shares.
F6 Mr. Lawlar was awarded performance rights representing the contingent right to receive between $380,625 and $761,250 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Lawlar under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($761,250 in stock); 50th percentile rank among peers = target award at grant value ($380,625 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
F7 See footnote 2.