Richard C. Adkerson - Feb 1, 2024 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
Stock symbol
FCX
Transactions as of
Feb 1, 2024
Transactions value $
-$1,068,681
Form type
4
Date filed
2/5/2024, 05:30 PM
Previous filing
Dec 5, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Options Exercise $10.4M +335K +10.21% $30.94 3.62M Feb 1, 2024 Direct
transaction FCX Common Stock Tax liability -$11.4M -285K -7.87% $40.18 3.33M Feb 1, 2024 Direct F1, F2
holding FCX Common Stock 192K Feb 1, 2024 By IRA
holding FCX Common Stock 1.61M Feb 1, 2024 Through GRATs

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 -335K -100% $0.00* 0 Feb 1, 2024 Common Stock 335K $30.94 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 1,136,500 Common Stock Restricted Stock Units, 1,000,000 of which are vested but deferred.
F3 25% exercisable on the date indicated and 25% exercisable on each of the three anniversaries thereof.