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

Role
President & CEO, Director
Signature
Tami D. Whitman, Attorney-in-Fact for Robert Krcmarov
Issuer symbol
HL
Transactions as of
23 Jun 2025
Transactions value $
$879,548
Form type
4
Filing time
25 Jun 2025, 18:25:11 UTC
Previous filing
06 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Krcmarov Robert President & CEO, Director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE Tami D. Whitman, Attorney-in-Fact for Robert Krcmarov 25 Jun 2025 0002003656

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HL Common Stock Tax liability -$150,452 -25,851 -3.56% $5.82 700,065 23 Jun 2025 Direct F1, F2
transaction HL Common Stock Award $1,030,000 +176,976 +33.8% $5.82 700,065 23 Jun 2025 Direct F3, F4
transaction HL Common Stock Other $0 +969 $0.000000 969 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 +217,354 +45% $0.000000 700,065 23 Jun 2025 Common Stock 217,354 $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. Krcmarov was awarded (i) 126,926 restricted stock units on January 15, 2025, and (ii) a one-time grant of 166,359 restricted stock units on January 15, 2025. One-third of those restricted stock units vested on June 23, 2025 (with the 126,926 restricted stock units being prorated). to cover his tax liability on those bested units, Hecla Mining Company withheld 25,851 shares.
F2 Consists of 67,903 shares held directly, 217,354 performance-based units, and 414,808 unvested restricted stock units.
F3 Award of restricted stock units that vest as follows: 58,992 shares on June 21, 2026; 58,992 shares on June 21, 2027; and 58,992 shares on June 21, 2028.
F4 See footnote 2.
F5 Held as 80.946 units in Mr. Krcmarov's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 969 shares.
F6 Mr. Krcmarov was awarded performance rights representing the contingent right to receive between $1,265,000 and $2,530,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Krcmarov under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($2,530,000 in stock); 50th percentile rank among peers = target award at grant value ($1,265,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
F7 See footnote 2.