Higgins Stephen T. - 04 May 2021 Form 3 Insider Report for FREEPORT-MCMORAN INC (FCX)

Signature
Kelly C. Simoneaux, on behalf of Stephen T. Higgins pursuant to a power of attorney
Issuer symbol
FCX
Transactions as of
04 May 2021
Net transactions value
$0
Form type
3
Filing time
12 May 2021, 17:21:13 UTC
Next filing
08 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FCX Common Stock 70,000 04 May 2021 Direct F1
holding FCX Common Stock 16,587 04 May 2021 By 401(k) F2
holding FCX Common Stock 18,818 04 May 2021 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
holding FCX Restricted Stock Units (cash-settled) 04 May 2021 Common Stock 10,000 Direct F3
holding FCX Options (Right to Buy) 04 May 2021 Common Stock 45,000 $46.73 Direct F4
holding FCX Options (Right to Buy) 04 May 2021 Common Stock 21,667 $11.87 Direct F5
holding FCX Options (Right to Buy) 04 May 2021 Common Stock 65,000 $11.91 Direct F6
holding FCX Options (Right to Buy) 04 May 2021 Common Stock 65,000 $12.04 Direct F5
holding FCX Options (Right to Buy) 04 May 2021 Common Stock 15,000 $28.14 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 70,000 stock-settled common stock restricted stock units.
F2 Balance as of 5/4/2021.
F3 Each cash-settled restricted stock unit is the economic equivalent of one share of the Issuer's common stock, payable in cash upon vesting.
F4 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
F5 33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.
F6 100% vested on 2/6/2022