Douglas N. Currault II - Dec 2, 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
Stock symbol
FCX
Transactions as of
Dec 2, 2022
Transactions value $
-$494,833
Form type
4
Date filed
12/5/2022, 04:31 PM
Previous filing
Feb 17, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Options Exercise $1.75M +50K +36.65% $35.01 186K Dec 2, 2022 Direct
transaction FCX Common Stock Options Exercise $774K +25K +13.41% $30.94 211K Dec 2, 2022 Direct
transaction FCX Common Stock Sale -$3.02M -75K -35.47% $40.25 136K Dec 2, 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 -50K -100% $0.00* 0 Dec 2, 2022 Common Stock 50K $35.01 Direct F3
transaction FCX Options (Right to Buy) Options Exercise $0 -25K -100% $0.00* 0 Dec 2, 2022 Common Stock 25K $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.