FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sienko David C
2. Issuer Name and Ticker or Trading Symbol

HECLA MINING CO/DE/ [ HL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
VP & General Counsel
(Last)          (First)          (Middle)

6500 N. MINERAL DRIVE, SUITE 200
3. Date of Earliest Transaction (MM/DD/YYYY)

6/21/2023
(Street)

COEUR D'ALENE, ID 83815
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/21/2023  F  15888 (1)D$0 866729 (2)D  
Common Stock 6/21/2023  A  35350 (3)A$5.05 866729 (4)D  
Common Stock 6/21/2023  J  7637 (5)A$0 7637 I Held in 401(k) Plan Account 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance rights $0 6/21/2023  A   23881 (6)   1/1/2026 1/1/2026 Common Stock 23881 $0 866729 (7)D  

Explanation of Responses:
(1) Mr. Sienko was awarded (i) 49,505 restricted stock units on June 22, 2020, (ii) 19,036 restricted stock units on June 21, 2021, and (iii) 38,374 restricted stock units on June 21, 2022. The restrictions lapsed on 1/3 of those vesting units (35,638 shares). Mr. Sienko elected to have Hecla Mining Company withhold 15,888 shares to cover his tax liability.
(2) Consists of 736,922 shares held directly, 62,530 performance-based shares, and 67,277 unvested restricted stock units.
(3) Award of restricted stock units that vest as follows: 11,784 shares on June 21, 2024, 11,783 shares on June 21, 2025, and 11,783 shares on June 21, 2026.
(4) See footnote 2.
(5) Held as 636.418 units in Mr. Sienko's 401(k) account under the Hecla Mining Company Capital Accumulation Plan, and estimated to be 7,637 shares.
(6) Mr. Sienko was awarded performance rights representing the contingent right to receive between $60,300 and $241,200 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2023 to December 31, 2025) 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 ($241,200 in stock); 40th and 60th percentile rank among peers = target award at grant value ($120,600 in stock); and 25th percentile rank among peers = threshold award at 50% of target ($60,300 in stock).
(7) See footnote 2.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Sienko David C
6500 N. MINERAL DRIVE, SUITE 200
COEUR D'ALENE, ID 83815


VP & General Counsel

Signatures
Tami D. Whitman, Attorney-in-Fact for David C. Sienko6/23/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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