Richard C. Adkerson - 01 Feb 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
Issuer symbol: FCX
Transactions as of: 01 Feb 2024
Net transactions value: -$1,068,681
Form type: 4
Filing time: 05 Feb 2024, 17:30:54 UTC
Previous filing: 05 Dec 2023
Next filing: 08 Feb 2024
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	$10,364,900	+335,000	+10%	$30.94	3,616,774	01 Feb 2024	Direct
transaction	FCX	Common Stock	Tax liability	$11,433,581	-284,559	-7.9%	$40.18	3,332,215	01 Feb 2024	Direct	F1, F2
holding	FCX	Common Stock						192,330	01 Feb 2024	By IRA
holding	FCX	Common Stock						1,608,771	01 Feb 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	-335,000	-100%	$0.000000^*	0	01 Feb 2024	Common Stock	335,000	$30.94	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.