Stephen T. Higgins - May 13, 2024 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Role
Senior VP & CAO
Signature
Kelly C. Simoneaux, on behalf of Stephen T. Higgins pursuant to a power of attorney
Stock symbol
FCX
Transactions as of
May 13, 2024
Transactions value $
-$2,957,812
Form type
4
Date filed
5/13/2024, 05:45 PM
Previous filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Options Exercise $783K +65K +62.27% $12.04 169K May 13, 2024 Direct
transaction FCX Common Stock Options Exercise $422K +15K +8.86% $28.14 184K May 13, 2024 Direct
transaction FCX Common Stock Sale -$4.16M -80K -43.39% $52.03 104K May 13, 2024 Direct F1
holding FCX Common Stock 17.2K May 13, 2024 By 401(k) F2
holding FCX Common Stock 18.8K May 13, 2024 By Family Trust

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 -65K -100% $0.00* 0 May 13, 2024 Common Stock 65K $12.04 Direct F3
transaction FCX Options (Right to Buy) Options Exercise $0 -15K -100% $0.00* 0 May 13, 2024 Common Stock 15K $28.14 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 $52.0000 - $52.0950. 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 Based on plan statement as of December 31, 2023.
F3 33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.