DUSTAN E. MCCOY - 31 May 2022 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Role
Director
Signature
Kelly C. Simoneaux on behalf of Dustan E. McCoy pursuant to a power of attorney
Issuer symbol
FCX
Transactions as of
31 May 2022
Net transactions value
-$1,096
Form type
4
Filing time
02 Jun 2022, 17:30:43 UTC
Previous filing
17 May 2022
Next filing
08 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Options Exercise $320,700 +10,000 +7.5% $32.07 142,600 31 May 2022 Direct
transaction FCX Common Stock Sale $321,796 -8,200 -5.8% $39.24 134,400 31 May 2022 Direct F1
transaction FCX Common Stock Award $0 +4,500 +3.3% $0.000000 138,900 01 Jun 2022 Direct F2, 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 Options (Right to Buy) Options Exercise $0 -10,000 -100% $0.000000* 0 31 May 2022 Common Stock 10,000 $32.07 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $39.2400 - $39.2550. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F2 Amount beneficially owned following the reported transactions includes 81,600 Common Stock Restricted Stock Units ("RSUs").
F3 Represents a grant of RSUs.
F4 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.