SEC Form 4 · accession 0001531103-16-000007
HECLA MINING CO/DE/ · HL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence P Radford
Officer — Sr. VP - Operations
Period of report
Jun 21, 2016
Accepted (ET)
Jun 23, 2016 · 1:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000719413
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 21, 2016 | F | 35,911 | $0.00 | D | 685,249 | D | |
| Common StockF3 | Jun 22, 2016 | J | 13,405 | $4.63 | A | 13 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Radford was awarded 102,389 restricted stock units on June 21, 2013, and 137,295 restricted stock units on July 1, 2015. The restrictions lapsed on 1/3 of the vesting units (34,130 and 45,765 shares, respectively). Mr. Radford elected to have Hecla Mining Company withhold 35,911 shares to cover his tax liability.
- F2Total consists of 421,634 shares held directly and 263,615 unvested restricted stock units.
- F3Held as 1,108.311 units in Mr. Radford's 401(k) account under Hecla Mining Company's Capital Accumulation Plan, and estimated to be 13,405 shares.