Sec Form 4 Filing - Brown Robert Denis @ HECLA MINING CO/DE/ - 2023-02-24

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Brown Robert Denis 2. Issuer Name and Ticker or Trading Symbol HECLA MINING CO/DE/ [ HL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) VP - Corp. Dev. & Sustain. (Last) (First) (Middle) 6500 N MINERAL DR, SUITE 200 3. Date of Earliest Transaction (MM/DD/YY) 02/24/2023 (Street) COEUR D ALENE, ID83815 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/24/2023 M 69,306 ( 4 ) A $ 0 429,724 ( 5 ) D Common Stock 02/24/2023 F 37,079 ( 6 ) D $ 4.98 392,645 ( 7 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Performance rights $ 0 02/24/2023 M 34,653 ( 1 ) ( 2 ) 12/31/2022 12/31/2022 Common Stock 34,653 $ 0 39,284 ( 3 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Brown Robert Denis 6500 N MINERAL DR SUITE 200 COEUR D ALENE, ID83815 VP - Corp. Dev. & Sustain. Signatures Tami D. Whitman, Attorney-in-Fact for Robert D. Brown 02/28/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On June 22, 2020, Mr. Brown was awarded performance rights. The performance rights represented a contingent right to receive between $52,500 and $210,000 worth of Hecla Mining Company common stock based on Hecla's total shareholder return performance over the 3-year period of January 1, 2020 through December 31, 2022, based on the following percentile rank within Hecla's peer group companies: (1) 100th percentile rank among peers = maximum award at 200% of target (i.e., $210,000 worth of common stock); (2) 60th percentile rank among peers = target award at grant value (i.e., $105,000 worth of common stock); or (3) 50th percentile rank among peers = threshold payout at 50% target (i.e., $52,500 worth of common stock). ( 2 )In reporting the number of performance rights at the time of the award, Mr. Brown assumed a target payout (i.e., $105,000 worth of common stock), with the common stock valued at the closing price on the day of the award ($3.03), and therefore reported an award of 34,653 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Brown's award value was $210,000, and therefore he received 69,306 shares in settlement of the award (with the shares valued at the $3.03 closing price on June 22, 2020). ( 3 )Consists of outstanding performance rights. ( 4 )See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in June 2020. ( 5 )Consists of 360,213 shares held directly, and 69,511 unvested restricted stock units. ( 6 )Shares withheld for tax liability on 69,306 performance rights that vested. ( 7 )Consists of 323,134 shares held directly, and 69,511 unvested restricted stock units.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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