Sec Form 4 Filing - Roberts Lauren M @ HECLA MINING CO/DE/ - 2021-01-04

Insider filing report for Changes in Beneficial Ownership
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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
Roberts Lauren M
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)
Sr. Vice President - COO
(Last) (First) (Middle)
6500 N MINERAL DR, SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
01/04/2021
(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 01/04/2021 J 1,963 ( 5 ) A $ 0 1,963 I By 401(k) Plan
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
Phantom Stock ( 1 ) 01/04/2021 A 15,107 ( 1 ) ( 1 ) Common Stock 15,107 ( 2 ) $ 5.3264 ( 3 ) 531,040 ( 4 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Roberts Lauren M
6500 N MINERAL DR
SUITE 200
COEUR D ALENE, ID83815
Sr. Vice President - COO
Signatures
Tami D. Whitman, Attorney-in-Fact for Lauren M. Roberts 01/06/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each share of phantom stock is the economic equivalent of one share of common stock. The shares become payable in common stock at the election of the reporting person, upon the reporting person's termination of services as an officer, or upon a specified future date as previously elected by the reporting person.
( 2 )Mr. Roberts deferred part of his compensation into the Hecla Mining Company Key Employee Deferred Compensation Plan during the period October 1, 2020 to December 31, 2020. At the end of the period, Mr. Roberts was credited with a number of phantom stock units.
( 3 )The share price is based on the average closing price of Hecla's common stock for each day during the fourth quarter 2020.
( 4 )Consists of 67,634 shares held directly, 124,132 Performance Units, 148,883 unvested Restricted Stock Units, and 190,391 shares of Phantom Stock held under the Key Employee Deferred Compensation Plan.
( 5 )Held as 159.007 units in Mr. Robert's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 1,963 shares.

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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