Kathleen L. Quirk - 11 Jun 2024 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Signature
Kelly C. Simoneaux, on behalf of Kathleen L. Quirk pursuant to a power of attorney
Issuer symbol
FCX
Transactions as of
11 Jun 2024
Net transactions value
$0
Form type
4
Filing time
13 Jun 2024, 17:41:23 UTC
Previous filing
13 May 2024
Next filing
20 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCX Common Stock Award $0 +9,000 +0.44% $0.000000 2,047,094 11 Jun 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an incremental annual grant of time-vested common stock restricted stock units ("RSUs") resulting from the increase in the Reporting Person's target long-term incentive value upon assuming the role of chief executive officer on June 11, 2024.
F2 Amount beneficially owned includes 139,333 RSUs.

Remarks:

In addition to the award reported herein, on June 11, 2024, the Reporting Person also received a grant of PSUs, which will be reflected on a Form 4 if and when such units vest. Vesting of the PSUs will be determined by the Issuer's average return on investment and relative TSR over the three-year performance period ending December 31, 2026.