Kurt Allen - 23 Jun 2025 Form 4 Insider Report for HECLA MINING CO/DE/ (HL)

Role
VP - Exploration
Signature
Tami D. Whitman, Attorney-in-Fact for Kurt Allen
Issuer symbol
HL
Transactions as of
23 Jun 2025
Net transactions value
+$247,699
Form type
4
Filing time
25 Jun 2025, 17:51:29 UTC
Previous filing
26 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Allen Kurt VP - Exploration 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE Tami D. Whitman, Attorney-in-Fact for Kurt Allen 25 Jun 2025 0001869029

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HL Common Stock Tax liability $54,178 -9,309 -3.3% $5.82 268,860 23 Jun 2025 Direct F1, F2
transaction HL Common Stock Award $301,878 +51,869 +24% $5.82 268,860 23 Jun 2025 Direct F3, F4
transaction HL Common Stock Other $0 +26,161 $0.000000 26,161 23 Jun 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 +51,869 +24% $0.000000 268,860 23 Jun 2025 Common Stock 51,869 $0.000000 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Allen was awarded (i) 33,860 restricted stock units on June 21, 2022; 32,673 restricted stock units on June 21, 2023; and 48,138 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 9,309 shares.
F2 Consists of 52,219 shares held directly, 121,789 performance-based units, and 94,852 unvested restricted stock units.
F3 Award of restricted stock units that vest as follows: 17,290 shares on June 21, 2026; 17,290 shares on June 21, 2027; and 17,289 shares on June 21, 2028.
F4 See footnote 2.
F5 Held as 2,185.124 units in Mr. Allen's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 26,161 shares.
F6 Mr. Allen was awarded performance rights representing the contingent right to receive between $301,875 and $603,750 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. Allen under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($603,750 in stock); 50th percentile rank among peers = target award at grant value ($301,875 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
F7 See footnote 2.