Kathleen L. Quirk - 10 Jan 2023 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Role
President
Signature
Kelly C. Simoneaux, on behalf of Kathleen L. Quirk pursuant to a power of attorney
Issuer symbol
FCX
Transactions as of
10 Jan 2023
Net transactions value
-$477,192
Form type
4
Filing time
12 Jan 2023, 17:07:23 UTC
Previous filing
16 Dec 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 $5,251,500 +150,000 +9.3% $35.01 1,757,288 10 Jan 2023 Direct
transaction FCX Common Stock Tax liability $5,728,692 -128,130 -7.3% $44.71 1,629,158 10 Jan 2023 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 -150,000 -100% $0.000000* 0 10 Jan 2023 Common Stock 150,000 $35.01 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered and withheld in payment of the exercise price of options and resulting taxes.
F2 Amount beneficially owned includes 121,000 Common Stock Restricted Stock Units.
F3 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.