Clary Michael L.

SEC source: 0001867048-25-000005 · primary_doc.xml · nonDerivative · entry 1

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 356,672

F1 · balance_after: Consists of 84,746 shares held directly, 153,861 unvested performance-based shares, and 118,065 unvested restricted stock units.

SEC source: 0001867048-25-000005 · primary_doc.xml · nonDerivative · entry 2

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Indirect · 401(k) Plan

Disclosed balance after: 16,207

F2 · shares: Held as 1,359.929 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 16,207 shares.

SEC source: 0001867048-25-000002 · primary_doc.xml · derivative · entry 4

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 431,672

Underlying: Common Stock · 60,137 shares

Expires 2028-01-01

F6 · shares: Mr. Clary was awarded performance rights representing the contingent right to receive between $350,000 and $700,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2025 to December 31, 2027) relative to our peers. Examples of the potential grant of shares to Mr. Clary under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($700,000 in stock);; 50th percentile rank among peers = target award at grant value ($350,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target.

F7 · balance_after: See footnote 2.

SEC source: 0001867048-25-000002 · primary_doc.xml · nonDerivative · entry 3

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Indirect · 401(k) Plan

Disclosed balance after: 16,271

F5 · shares: Held as 1,359.025 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 16,271 shares.

SEC source: 0001867048-25-000002 · primary_doc.xml · nonDerivative · entry 2

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 431,672

F3 · shares: Award of restricted stock units that vest as follows: 20,046 shares on June 21, 2026; 20,046 shares on June 21, 2027; and 20,045 shares on June 21, 2028.

F4 · balance_after: See footnote 2.

SEC source: 0001867048-25-000002 · primary_doc.xml · nonDerivative · entry 1

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 431,672

F1 · shares: Mr. Clary was awarded (i) 40,632 restricted stock units on June 21, 2022; 40,990 restricted stock units on June 21, 2023; and 66,397 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 28,767 shares.

F2 · balance_after: Consists of 159,746 shares held directly, 153,861 performance-based units, and 118,065 unvested restricted stock units.

SEC source: 0001867048-25-000001 · primary_doc.xml · nonDerivative · entry 2

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 246,440

F2 · shares: Shares sold to cover tax liability for 2022-2024 Long-term Incentive Plan award.

F3 · balance_after: Consists of 139,173 shares held directly, and 107,267 unvested restricted stock units.

SEC source: 0001867048-25-000001 · primary_doc.xml · nonDerivative · entry 3

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Indirect · Held in 401(k) Plan

Disclosed balance after: 12,503

F4 · shares: Held as 1,037.756 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 12,503 shares.

SEC source: 0001867048-25-000001 · primary_doc.xml · nonDerivative · entry 1

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 278,827

F1 · shares: 100% of 2022-2025 Long-term Incentive Plan award was paid in equity.

SEC source: 0001867048-24-000003 · primary_doc.xml · nonDerivative · entry 1

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 351,972

F1 · shares: Mr. Clary was awarded (i) 21,574 restricted stock units on June 21, 2021, (ii) 40,632 restricted stock units n June 21, 2022, and (iii) 40,990 restricted stock units on June 21, 2023. The restrictions lapsed on 1/3 of those vesting units (34,399 shares). To cover his tax liability, Hecla Mining Company sold 30,634 of those shares.

F2 · balance_after: Consists of 123,893 shares held directly, 120,812 performance-based units, and 107,267 unvested restricted stock units.

SEC source: 0001867048-24-000003 · primary_doc.xml · derivative · entry 4

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 351,972

Underlying: Common Stock · 66,397 shares

Expires 2027-01-01

F6 · shares: Mr. Clary was awarded performance rights representing the contingent right to receive between $171,638 and $686,660 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. Clary under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($686,660 in stock); 50th percentile rank among peers = target award at grant value ($343,275 in stock); and 25th percentile rank among peers = threshold award at 25% of target ($85,819 in stock).

F7 · balance_after: See footnote 2.

SEC source: 0001867048-24-000003 · primary_doc.xml · nonDerivative · entry 3

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Indirect · Held in 401(k) Plan Account

Disclosed balance after: 9,137

F5 · shares: Held as 761.561 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 9,137 shares.

SEC source: 0001867048-24-000003 · primary_doc.xml · nonDerivative · entry 2

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 351,972

F3 · shares: Award of restricted stock units that vest as follows: 22,132 shares on June 21, 2025; 22,132 shares on June 21, 2026; and 22,133 shares on June 21, 2027.

F4 · balance_after: See footnote 2.

SEC source: 0001867048-24-000002 · primary_doc.xml · nonDerivative · entry 1

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 195,397

F1 · shares: 100% of 2021-2023 Long-term Incentive Plan award was paid in equity.

F2 · balance_after: Consists of 120,128 shares held directly, and 75,269 unvested restricted stock units.

SEC source: 0001867048-24-000001 · primary_doc.xml · derivative · entry 4

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,415

Underlying: Common Stock · 13,959 shares

Expires 2023-12-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On June 21, 2021, Mr. Clary was awarded performance rights. The performance rights represented a contingent right to receive between $55,000 and $220,000 worth of Hecla Mining Company common stock based on Hecla's total shareholder return performance over the 3-year period from January 1, 2021 through December 31, 2023, based on the following percentile rank within Hecla's peer group companies: (1) 100th percentile rank among peers = maximum award at 200% of target (i.e., $220,000 worth of common stock); (2) 60th percentile rank among peers = target award at grant value (i.e., $110,000 worth of common stock); or (3) 50th percentile rank among peers = threshold payout at 50% of target (i.e., $55,000 worth of common stock).

F2 · shares: In reporting the number of performance rights at the time of the award, Mr. Clary assumed a target payout (i.e., $110,000 worth of common stock), with the common stock valued at the closing price on the day of the award ($7.88), and therefore reported an award of 13,959 performance rights. Based on Hecla Mining Company's total shareholder return ranking, Mr. Clary's award value was 175%, and he therefore received 24,428 shares in settlement of the award (with the shares valued at the $7.88 closing price on June 21, 2021.

F3 · balance_after: Consists of outstanding performance rights.

SEC source: 0001867048-24-000001 · primary_doc.xml · nonDerivative · entry 3

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Indirect · Held in 401(k) Plan

Disclosed balance after: 8,097

F8 · shares: Consists of 673.972 units in Mr. Clary's 401(k) account under Hecla Mining Company's Capital Accumulation Plan, and estimated to be 8,097 shares.

SEC source: 0001867048-24-000001 · primary_doc.xml · nonDerivative · entry 2

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 157,390

F6 · shares: Shares withheld for tax liability on 24,428 performance rights that vested.

F7 · balance_after: Consists of 82,121 shares held directly, and 75,269 unvested restricted stock units.

SEC source: 0001867048-24-000001 · primary_doc.xml · nonDerivative · entry 1

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 166,050

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: See footnotes (1) and (2). Shares received upon settlement of performance rights awarded in June 2021.

F5 · balance_after: Consists of 90,781 shares held directly, and 75,269 unvested restricted stock units.

SEC source: 0001867048-23-000001 · primary_doc.xml · derivative · entry 4

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 209,996

Underlying: Common Stock · 27,327 shares

Expires 2026-01-01

F5 · shares: Mr. Clary was awarded performance rights representing the contingent right to receive between $69,000 and $276,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) relative to our peers. Examples of the potential grant of shares to Mr. Clary under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($276,000 in stock); 40th to 60th percentile rank among peers = target award at grant value ($138,000 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($69,000 in stock).

F6 · balance_after: See footnote 2.

SEC source: 0001867048-23-000001 · primary_doc.xml · nonDerivative · entry 3

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Indirect · Held in 401(k) Plan Account

Disclosed balance after: 5,234

F4 · shares: Held as 436.207 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 5,234 shares.

SEC source: 0001867048-23-000001 · primary_doc.xml · nonDerivative · entry 2

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 209,996

F3 · shares: Award of restricted stock units that vest as follows: 13,664 shares on June 21, 2024, 13,663 shares on June 21, 2025, and 13,663 shares on June 21, 2026.

F2 · balance_after: Consists of 66,353 shares held directly, 68,374 performance-based units, and 75,269 unvested restricted stock units. NOTE - Mr. Clary had previously reported in a Form 4 that he had 7,566 shares that were held in a trust for the benefit of his minor children. Mr. Clary resigned the position as trustee of the trust, and the new trustee of the trust is not an immediate family member. Mr. Clary disclaims beneficial ownership of these securities, and the filing of this report is not an admission that he is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. Therefore the 7,566 shares are not included in this total.

SEC source: 0001867048-23-000001 · primary_doc.xml · nonDerivative · entry 1

Clary Michael L. · CIK 0001867048 · Sr. VP & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 209,996

F1 · shares: Mr. Clary was awarded (i) 66,007 restricted stock units on June 22, 2020, (ii) 21,574 restricted stock units on June 21, 2021, and (iii) 40,632 restricted stock units on June 21, 2022. The restrictions lapsed on 1/3 of those vesting units (42,737 shares). Mr. Clary elected to have Hecla Mining Company withhold 33,286 shares to cover his tax liability.

F2 · balance_after: Consists of 66,353 shares held directly, 68,374 performance-based units, and 75,269 unvested restricted stock units. NOTE - Mr. Clary had previously reported in a Form 4 that he had 7,566 shares that were held in a trust for the benefit of his minor children. Mr. Clary resigned the position as trustee of the trust, and the new trustee of the trust is not an immediate family member. Mr. Clary disclaims beneficial ownership of these securities, and the filing of this report is not an admission that he is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. Therefore the 7,566 shares are not included in this total.

SEC source: 0001867048-22-000001 · primary_doc.xml · derivative · entry 4

Clary Michael L. · CIK 0001867048 · Sr. Vice President & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,531

Underlying: Common Stock · 27,088 shares

Expires 2026-01-01

F6 · shares: Mr. Clary was awarded performance rights representing the contingent right to receive between $60,000 and $240,000 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. Clary under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($240,000 in stock); 60th percentile rank among peers = target award at grant value $120,000 in stock); and 50th percentile rank among peers = threshold award at 50% of target ($60,000 in stock).

F7 · balance_after: See footnote 2.

SEC source: 0001867048-22-000001 · primary_doc.xml · nonDerivative · entry 3

Clary Michael L. · CIK 0001867048 · Sr. Vice President & CAO

10b5-1 filing: Not disclosed

Ownership: Indirect · By 401(k) Plan

Disclosed balance after: 591

F5 · shares: Held as 49.191 units in Mr. Clary's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 591 shares.

SEC source: 0001867048-22-000001 · primary_doc.xml · nonDerivative · entry 2

Clary Michael L. · CIK 0001867048 · Sr. Vice President & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,531

F3 · shares: Award of restricted stock units that vest as follows: 13,544 shares on June 21, 2023; 13,544 shares on June 21, 2024; and 13,544 shares on June 21, 2025.

F4 · balance_after: See footnote 2.

SEC source: 0001867048-22-000001 · primary_doc.xml · nonDerivative · entry 1

Clary Michael L. · CIK 0001867048 · Sr. Vice President & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,531

F1 · shares: Mr. Clary was awarded (i) 43,478 restricted stock units on June 21, 2019; (ii) 66,007 restricted stock units on June 22, 2020; and 21,574 restricted stock units on June 21, 2021. The restrictions lapsed on 1/3 of those vesting units (43,686 shares). Mr. Clary elected to have Hecla Mining Company withhold 26,609 shares to cover his tax liability.

F2 · balance_after: Consists of 56,902 shares held directly, 7,566 held in trust for the benefit of 2 minor children, 41,047 performance-based shares, and 77,016 unvested restricted stock units.