<SEC-DOCUMENT>0001481905-22-000002.txt : 20220623
<SEC-HEADER>0001481905-22-000002.hdr.sgml : 20220623
<ACCEPTANCE-DATETIME>20220623173441
ACCESSION NUMBER:		0001481905-22-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220621
FILED AS OF DATE:		20220623
DATE AS OF CHANGE:		20220623

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Sienko David C
		CENTRAL INDEX KEY:			0001481905

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08491
		FILM NUMBER:		221036469

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(208) 769-4100

	MAIL ADDRESS:	
		STREET 1:		6500 N. MINERAL DRIVE, 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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<SEQUENCE>1
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        <issuerName>HECLA MINING CO/DE/</issuerName>
        <issuerTradingSymbol>HL</issuerTradingSymbol>
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            <rptOwnerName>Sienko David C</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet1>6500 N. MINERAL DRIVE, SUITE 200</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>COEUR D'ALENE</rptOwnerCity>
            <rptOwnerState>ID</rptOwnerState>
            <rptOwnerZipCode>83815</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>VP &amp; General Counsel</officerTitle>
        </reportingOwnerRelationship>
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                <natureOfOwnership>
                    <value>By 401(k) Plan</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
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    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
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                    <footnoteId id="F6"/>
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            <exerciseDate>
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            <expirationDate>
                <value>2026-01-01</value>
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                <underlyingSecurityTitle>
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    <footnotes>
        <footnote id="F1">Mr. Sienko was awarded (i) 81,522 restricted stock units on June 21, 2019; (ii) 49,505 restricted stock units on June 22, 2020; and (iii) 19,036 restricted stock units on June 21, 2021.  The restrictions lapsed on 1/3 of those vesting units (50,022 shares).  Mr. Sienko elected to have Hecla Mining Company withhold 2,976 shares to cover his tax liability.</footnote>
        <footnote id="F2">Consists of 681,948 shares held directly, 67,565 unvested restricted stock units, and 71,652 performance-based shares.</footnote>
        <footnote id="F3">Award of restricted stock units that vest as follows: 12,791 shares on June 21, 2023; 12,791 shares on June 21, 2024; and 12,792 shares on June 21, 2025.</footnote>
        <footnote id="F4">See footnote 2.</footnote>
        <footnote id="F5">Held as 348.942 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 4,191 shares.</footnote>
        <footnote id="F6">Mr. Sienko was awarded performance rights representing the contingent right to receive between $57,500 and $230,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2022 to December 31, 2024) relative to our peers.  Examples of the potential grant of shares to Mr. Sienko under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($230,000 in stock); 60th percentile rank among peers = target award at grant value ($115,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($57,500 in stock).</footnote>
        <footnote id="F7">See footnote 2.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Tami D. Whitman, Attorney-in-Fact for David C. Sienko</signatureName>
        <signatureDate>2022-06-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
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