Douglas N. Currault II - 15 Feb 2022 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Role
Senior VP & General Counsel
Signature
Kelly C. Simoneaux, on behalf of Douglas N. Currault II pursuant to a power of attorney
Issuer symbol
FCX
Transactions as of
15 Feb 2022
Net transactions value
-$841,996
Form type
4
Filing time
17 Feb 2022, 16:44:17 UTC
Previous filing
08 Feb 2022
Next filing
05 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Tax liability $629,746 -14,835 -9.8% $42.45 136,432 15 Feb 2022 Direct F1
transaction FCX Common Stock Options Exercise +5,000 +3.7% 141,432 15 Feb 2022 Direct F2
transaction FCX Common Stock Disposed to Issuer $212,250 -5,000 -3.5% $42.45 136,432 15 Feb 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FCX Restricted Stock Units (cash-settled) Options Exercise -5,000 -50% 5,000 15 Feb 2022 Common Stock 5,000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover the taxes due upon the vesting of 41,667 Common Stock Restricted Stock Units ("RSUs").
F2 Represents the vesting of cash-settled restricted stock units, the value of which is equivalent to the closing price of FCX common stock on the business day immediately preceding the vesting date.
F3 Amount beneficially owned includes 41,500 stock-settled RSUs.
F4 The remaining 5,000 cash-settled restricted stock units will vest on February 15, 2023.