Brown Robert Denis 4
4 · HECLA MINING CO/DE/ · Filed Jun 25, 2025
Insider Transaction Report
Form 4
Brown Robert Denis
Vice President - Corp. Develop
Transactions
- Award
Common Stock
2025-06-23$5.82/sh+54,124$315,002→ 593,652 total - Award
Performance rights
2025-06-23+54,124→ 593,652 totalExercise: $0.00From: 2028-01-01Exp: 2028-01-01→ Common Stock (54,124 underlying) - Tax Payment
Common Stock
2025-06-23$5.82/sh−24,234$141,042→ 593,652 total
Footnotes (6)
- [F1]Mr. Brown was awarded (1) 38,374 restricted stock units on June 21, 2022; 37,030 restricted stock units on June 21, 2023; and 60,479 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 24,234 shares.
- [F2]Consists of 347,214 shares held directly, 139,653 performance-based units, and 106,785 unvested restricted stock units.
- [F3]Award of restricted stock units that vest as follows: 18,042 shares on June 21, 2026; 18,041 shares on June 21, 2027; and 18,041 shares on June 21, 2028.
- [F4]See footnote 2.
- [F5]Mr. Brown was awarded performance rights representing the contingent right to receive between $315,000 and $630,000 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. Brown under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($630,000 in stock); 50th percentile rank among peers = target award at grant value ($315,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target.
- [F6]See footnote 2.