FREEPORT-MCMORAN INC — Director's Dealing 2010

Oct 28, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FREEPORT MCMORAN COPPER & GOLD INC (FCX)
CIK: 0000831259
Period of Report: 2010-10-27

Reporting Person: RANKIN B M JR (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-27	Common Stock	M	10000	$54.775	Acquired	53500	Direct
2010-10-27	Common Stock	M	7500	$79.5	Acquired	61000	Direct
2010-10-27	Common Stock	M	2500	$58.12	Acquired	63500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-27	Options (Right to Buy)	$54.775	M	10000	Disposed	2016-06-01	Common Stock (10000)	Direct
2010-10-27	Options (Right to Buy)	$79.5	M	7500	Disposed	2017-06-01	Common Stock (7500)	Direct
2010-10-27	Options (Right to Buy)	$58.12	M	2500	Disposed	2019-06-01	Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	292680	Indirect

Footnotes

F1: Amount beneficially owned following the reported transactions includes 5,000 Common Stock Restricted Stock Units.

F2: 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.

F3: 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.

F4: 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.