Douglas N. Currault II - 29 Apr 2024 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Signature
Kelly C. Simoneaux, on behalf of Douglas N. Currault II pursuant to a power of attorney
Issuer symbol
FCX
Transactions as of
29 Apr 2024
Net transactions value
-$2,000,418
Form type
4
Filing time
01 May 2024, 17:36:40 UTC
Previous filing
16 Feb 2024
Next filing
13 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Options Exercise $562,200 +30,000 +18% $18.74 194,067 29 Apr 2024 Direct
transaction FCX Common Stock Options Exercise $296,750 +25,000 +13% $11.87 219,067 29 Apr 2024 Direct
transaction FCX Common Stock Sale $2,859,368 -55,000 -25% $51.99 164,067 29 Apr 2024 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 -30,000 -100% $0.000000* 0 29 Apr 2024 Common Stock 30,000 $18.74 Direct F3
transaction FCX Options (Right to Buy) Options Exercise $0 -25,000 -50% $0.000000 25,000 29 Apr 2024 Common Stock 25,000 $11.87 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 $51.9400 - $52.0250. 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 38,000 Restricted Stock Units.
F3 33% exercisable on the date indicated and 33% exercisable on each of the next two anniversaries thereof.