Patrick Shay Malone - 23 Jun 2025 Form 4 Insider Report for HECLA MINING CO/DE/ (HL)

Role
VP - Sustainability
Signature
Tami D. Whitman, Attorney-in-Fact for Patrick Malone
Issuer symbol
HL
Transactions as of
23 Jun 2025
Net transactions value
+$301,878
Form type
4
Filing time
25 Jun 2025, 18:12:56 UTC
Previous filing
08 Apr 2025
Next filing
16 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Malone Patrick Shay VP - Sustainability 106 GLENDALE DRIVE, SUITE A, LEAD Tami D. Whitman, Attorney-in-Fact for Patrick Malone 25 Jun 2025 0001954722

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HL Common Stock Award $301,878 +51,869 +100% $5.82 103,738 23 Jun 2025 Direct F1, F2

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 +100% $0.000000 103,738 23 Jun 2025 Common Stock 51,869 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Consists of 51,869 performance-based units, and 51,869 unvested restricted stock units.
F3 Mr. Malone 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. Malone 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.
F4 See footnote 2.