C. Donald Whitmire Jr. - 08 Nov 2021 Form 4 Insider Report for FREEPORT-MCMORAN INC (FCX)

Role: VP Controller & Financial Rptg
Signature: Kelly C. Simoneaux, on behalf of C. Donald Whitmire, Jr. pursuant to a power of attorney
Issuer symbol: FCX
Transactions as of: 08 Nov 2021
Net transactions value: -$1,053,803
Form type: 4
Filing time: 09 Nov 2021, 16:14:17 UTC
Previous filing: 09 Jun 2021
Next filing: 08 Feb 2022
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	$232,050	+7,500	+13%	$30.94	67,337	08 Nov 2021	Direct
transaction	FCX	Common Stock	Options Exercise	$189,800	+10,000	+15%	$18.98	77,337	08 Nov 2021	Direct
transaction	FCX	Common Stock	Options Exercise	$36,975	+8,500	+11%	$4.35^*	85,837	08 Nov 2021	Direct
transaction	FCX	Common Stock	Options Exercise	$131,920	+8,500	+9.9%	$15.52	94,337	08 Nov 2021	Direct
transaction	FCX	Common Stock	Options Exercise	$187,400	+10,000	+11%	$18.74	104,337	08 Nov 2021	Direct
transaction	FCX	Common Stock	Options Exercise	$787,725	+22,500	+22%	$35.01	126,837	08 Nov 2021	Direct
transaction	FCX	Common Stock	Sale	$2,619,673	-67,000	-53%	$39.10	59,837	08 Nov 2021	Direct	F4, F5
holding	FCX	Common Stock						1,959	08 Nov 2021	Through 401(k) Plan	F1
holding	FCX	Common Stock						3,785	08 Nov 2021	By Spouse, through GRAT
holding	FCX	Common Stock						3,785	08 Nov 2021	Through GRAT

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	-22,500	-82%	$0.000000	5,000	08 Nov 2021	Common Stock	22,500	$35.01	Direct	F2
transaction	FCX	Options (right to buy)	Options Exercise	$0	-7,500	-60%	$0.000000	5,000	08 Nov 2021	Common Stock	7,500	$30.94	Direct	F2
transaction	FCX	Options (Right to Buy)	Options Exercise	$0	-8,500	-18%	$0.000000	38,500	08 Nov 2021	Common Stock	8,500	$4.35	Direct	F2
transaction	FCX	Options (Right to Buy)	Options Exercise	$0	-8,500	-34%	$0.000000	16,500	08 Nov 2021	Common Stock	8,500	$15.52	Direct	F2
transaction	FCX	Options (Right to Buy)	Options Exercise	$0	-10,000	-29%	$0.000000	25,000	08 Nov 2021	Common Stock	10,000	$18.74	Direct	F3
transaction	FCX	Options (right to buy)	Options Exercise	$0	-10,000	-50%	$0.000000	10,000	08 Nov 2021	Common Stock	10,000	$18.98	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Based on plan statement as of December 31, 2020.
F2	25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
F3	33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.
F4	Amount beneficially owned following the reported transactions includes 44,999 Common Stock Restricted Stock Units.
F5	The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $39.0300 - $39.1750. 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.