<SEC-DOCUMENT>0001989000-25-000003.txt : 20250625
<SEC-HEADER>0001989000-25-000003.hdr.sgml : 20250625
<ACCEPTANCE-DATETIME>20250625170351
ACCESSION NUMBER:		0001989000-25-000003
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250623
FILED AS OF DATE:		20250625
DATE AS OF CHANGE:		20250625

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Aguiar Rodriguez Carlos Roberto
		CENTRAL INDEX KEY:			0001989000
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08491
		FILM NUMBER:		251074394

	MAIL ADDRESS:	
		STREET 1:		6500 N. MINERAL DR.
		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]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				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>2025-06-23</periodOfReport>

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    <issuer>
        <issuerCik>0000719413</issuerCik>
        <issuerName>HECLA MINING CO/DE/</issuerName>
        <issuerTradingSymbol>HL</issuerTradingSymbol>
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        <reportingOwnerId>
            <rptOwnerCik>0001989000</rptOwnerCik>
            <rptOwnerName>Aguiar Rodriguez Carlos Roberto</rptOwnerName>
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            <rptOwnerStreet1>6500 N. MINERAL DR.</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 200</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 &amp; COO</officerTitle>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>401(k) Plan</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
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    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Performance rights</value>
            </securityTitle>
            <conversionOrExercisePrice>
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                    <footnoteId id="F6"/>
                </transactionShares>
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                <transactionAcquiredDisposedCode>
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            </transactionAmounts>
            <exerciseDate>
                <value>2028-01-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2028-01-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>65399</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>327462</value>
                    <footnoteId id="F7"/>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Mr. Aguiar was awarded (i) 15,048 restricted stock units on June 21, 2022; 31,977 restricted stock units on August 7, 2023; and 48,138 restricted stock units on June 21, 2024.  One-third of those restricted stock units vested on June 23, 2025.  to cover his tax liability on those vested units, Hecla Mining Company withheld 10,150 shares.</footnote>
        <footnote id="F2">Consists of 84,457 shares held directly, 134,855 performance-based units, and 108,150 unvested restricted stock units.</footnote>
        <footnote id="F3">Award of restricted stock units that vest as follows:  21,800 shares on June 21, 2026; 21,800 shares on June 21, 2027; and 21,799 shares on June 21, 2028.</footnote>
        <footnote id="F4">See footnote 2.</footnote>
        <footnote id="F5">Held as 838.167 units in Mr. Aguiar's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 10,035 shares.</footnote>
        <footnote id="F6">Mr. Aguiar was awarded performance rights representing the contingent right to receive between #380,625 and $761,250 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers.  Examples of the potential grant of shares to Mr. Aguiar under this plan are as follows:  100th percentile rank among peers = maximum award at 200% of target ($761,250 in stock); 50th percentile rank among peers = target award at grant value ($380,625), and 0 percentile rank among peers = threshold award below 25% or target.</footnote>
        <footnote id="F7">See footnote 2.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Tami D. Whitman, Attorney-in-Fact for Carlos Aguiar Rodriguez</signatureName>
        <signatureDate>2025-06-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
