<SEC-DOCUMENT>0001166074-21-000003.txt : 20210623
<SEC-HEADER>0001166074-21-000003.hdr.sgml : 20210623
<ACCEPTANCE-DATETIME>20210623173825
ACCESSION NUMBER:		0001166074-21-000003
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210621
FILED AS OF DATE:		20210623
DATE AS OF CHANGE:		20210623

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BAKER PHILLIPS S JR
		CENTRAL INDEX KEY:			0001166074

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08491
		FILM NUMBER:		211039604

	MAIL ADDRESS:	
		STREET 1:		6500 NORTH MINERAL DRIVE
		STREET 2:		SUITE 200
		CITY:			COEUR D 'ALENE
		STATE:			ID
		ZIP:			83815

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HECLA MINING CO/DE/
		CENTRAL INDEX KEY:			0000719413
		STANDARD INDUSTRIAL CLASSIFICATION:	MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
		IRS NUMBER:				770664171
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		6500 N MINERAL DRIVE SUITE 200
		STREET 2:		NONE
		CITY:			COEUR D'ALENE
		STATE:			ID
		ZIP:			83815-9408
		BUSINESS PHONE:		2087694100

	MAIL ADDRESS:	
		STREET 1:		6500 N MINERAL DRIVE SUITE 200
		STREET 2:		NONE
		CITY:			COEUR D'ALENE
		STATE:			ID
		ZIP:			83815-9408
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">Mr. Baker was awarded (i) 130,548 restricted stock units on 6/19/18; (ii) 217,391 restricted stock units on 6/21/19; and (iii) 132,013 restricted stock units on 6/22/20.  The restrictions lapsed on 1/3 of those vesting units (159,985 shares).  Mr. Baker elected to have Hecla Mining Company withhold 68,274 shares to cover his tax liability.</footnote>
        <footnote id="F2">Consists of 2,294,777 shares held directly, 1,795,964 shares held in the Hecla Mining Company Key Employee Deferred Compensation Plan, 223,923 unvested restricted stock units, and 467,204 performance-based shares.</footnote>
        <footnote id="F3">Held as 3,690.868 units in Mr. Baker's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 44,309 shares.</footnote>
        <footnote id="F4">Award of restricted stock units that vest as follows:  21,150 shares on June 21, 2022; 21,151 shares on June 1, 2023; and 21,151 shares on June 2, 2024.</footnote>
        <footnote id="F5">See footnote 2</footnote>
        <footnote id="F6">Mr. Baker was awarded performance rights representing the contingent right to receive between $250,000 and $1,000,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2021 to December 31, 2023) relative to our peers.  Examples of the potential grant of shares to Mr. Baker under this plan are as follows:  100th percentile rank among peers = maximum award at 200% ($1,000,000 in stock); 60th percentile rank among peers = target award at grant value ($500,000 in stock); and 50th percentile rank among peers = threshold award at 50% target ($250,000 in stock).</footnote>
        <footnote id="F7">See footnote 2</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Tami D. Whitman, Attorney-in-Fact for Phillips S. Baker, Jr.</signatureName>
        <signatureDate>2021-06-23</signatureDate>
    </ownerSignature>
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