Richard C. Adkerson - 11 Mar 2023 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Role
Chairman of the Board & CEO, Director
Signature
Kelly C. Simoneaux, on behalf of Richard C. Adkerson pursuant to a power of attorney
Issuer symbol
FCX
Transactions as of
11 Mar 2023
Net transactions value
$0
Form type
4
Filing time
14 Mar 2023, 18:27:59 UTC
Previous filing
16 Feb 2023
Next filing
25 Aug 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 Gift $0 -13,110 -0.91% $0.000000 1,422,750 11 Mar 2023 Through GRATs F1
holding FCX Common Stock 192,330 11 Mar 2023 By IRA
holding FCX Common Stock 3,498,419 11 Mar 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon expiration of a GRAT established by the Reporting Person on March 11, 2021, 13,110 shares were transferred to the remaindermen of the trust.
F2 Amount beneficially owned includes 1,136,500 Common Stock Restricted Stock Units, 1,000,000 of which are vested but deferred.

Remarks:

The Reporting Person's direct and indirect holdings have been updated to reflect the establishment of a new GRAT and the return of shares in connection with annuity payments under previously established GRATs that have occurred since his last Form 4.