Douglas N. Currault II - 02 Dec 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
02 Dec 2022
Net transactions value
-$494,832
Form type
4
Filing time
05 Dec 2022, 16:31:27 UTC
Previous filing
17 Feb 2022
Next filing
09 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Options Exercise $1,750,500 +50,000 +37% $35.01 186,432 02 Dec 2022 Direct
transaction FCX Common Stock Options Exercise $773,500 +25,000 +13% $30.94 211,432 02 Dec 2022 Direct
transaction FCX Common Stock Sale $3,018,832 -75,000 -35% $40.25 136,432 02 Dec 2022 Direct F1, F2

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 -50,000 -100% $0.000000* 0 02 Dec 2022 Common Stock 50,000 $35.01 Direct F3
transaction FCX Options (Right to Buy) Options Exercise $0 -25,000 -100% $0.000000* 0 02 Dec 2022 Common Stock 25,000 $30.94 Direct F3
* 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 $40.2500 - $40.2600. 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 includes 41,500 stock-settled RSUs.
F3 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.