<SEC-DOCUMENT>0001481905-24-000005.txt : 20240822
<SEC-HEADER>0001481905-24-000005.hdr.sgml : 20240822
<ACCEPTANCE-DATETIME>20240822122845
ACCESSION NUMBER:		0001481905-24-000005
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240820
FILED AS OF DATE:		20240822
DATE AS OF CHANGE:		20240822

REPORTING-OWNER:	

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

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08491
		FILM NUMBER:		241231072

	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]
		ORGANIZATION NAME:           	01 Energy & Transportation
		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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<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>PRIMARY DOCUMENT
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    <periodOfReport>2024-08-20</periodOfReport>

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    <issuer>
        <issuerCik>0000719413</issuerCik>
        <issuerName>HECLA MINING CO/DE/</issuerName>
        <issuerTradingSymbol>HL</issuerTradingSymbol>
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        <reportingOwnerId>
            <rptOwnerCik>0001481905</rptOwnerCik>
            <rptOwnerName>Sienko David C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <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>SR. VP - General Counsel</officerTitle>
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                    <footnoteId id="F1"/>
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                <transactionPricePerShare>
                    <value>6.01</value>
                </transactionPricePerShare>
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    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Performance rigts</value>
            </securityTitle>
            <conversionOrExercisePrice>
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            <transactionDate>
                <value>2024-08-20</value>
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                    <footnoteId id="F3"/>
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                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
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            <exerciseDate>
                <value>2027-01-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2027-01-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
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                    <value>5092</value>
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    <footnotes>
        <footnote id="F1">Mr. Sienko was promoted to Sr. Vice President - General Counsel on 8/16/2024.  Award of restricted stock units that vest as follows: 1,697 shares on June 21, 2025; 1,697 shares on June 21, 2026; and 1,698 shares on June 21, 2027.</footnote>
        <footnote id="F2">Consists of 788,968 shares held directly, 115,411 performance-based shares and 101,928 unvested restricted stock units.</footnote>
        <footnote id="F3">As part of his promotion, Mr. Sienko was also awarded performance-based units representing the contingent right to receive between $15,300 and $61,200 worth of Hecla Mining Company common stock based on Hecla Mining company's Total Shareholder Return performance over the 3-year period (January 1, 2024 to December 31, 2026) 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 ($61,200 in stock); 50th percentile rank among peers = target award at grant value ($30,600 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($15,300 in stock).</footnote>
        <footnote id="F4">See footnote 2.</footnote>
        <footnote id="F5">Held as 1,115.18 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 13,351 shares.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Tammi D. Whitman - Attorney-in-Fact for David Sienko</signatureName>
        <signatureDate>2024-08-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</DOCUMENT>
</SEC-DOCUMENT>
