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FREEPORT-MCMORAN INC — Director's Dealing 2013
Jun 5, 2013
30000_dirs_2013-06-05_07016cea-f962-4057-bb15-e2ea46f4175e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FREEPORT MCMORAN COPPER & GOLD INC (FCX)
CIK: 0000831259
Period of Report: 2013-06-03
Reporting Person: WHARTON J TAYLOR (Advisory Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-06-03 | Options (Right to Buy) | $26.06 | A | 1890 | Acquired | 2014-06-01 | Common Stock (1890) | Direct |
| 2013-06-03 | Options (Right to Buy) | $34.63 | A | 1890 | Acquired | 2015-06-01 | Common Stock (1890) | Direct |
| 2013-06-03 | Options (Right to Buy) | $31.67 | A | 1890 | Acquired | 2016-06-01 | Common Stock (1890) | Direct |
| 2013-06-03 | Options (Right to Buy) | $28.10 | A | 1890 | Acquired | 2017-06-01 | Common Stock (1890) | Direct |
| 2013-06-03 | Options (Right to Buy) | $59.12 | A | 2700 | Acquired | 2018-06-01 | Common Stock (2700) | Direct |
| 2013-06-03 | Options (Right to Buy) | $13.82 | A | 2700 | Acquired | 2019-06-01 | Common Stock (2700) | Direct |
| 2013-06-03 | Options (Right to Buy) | $17.56 | A | 2700 | Acquired | 2020-06-01 | Common Stock (2700) | Direct |
| 2013-06-03 | Options (Right to Buy) | $32.60 | A | 5400 | Acquired | 2021-06-01 | Common Stock (5400) | Direct |
| 2013-06-03 | Options (Right to Buy) | $16.34 | A | 5400 | Acquired | 2022-06-01 | Common Stock (5400) | Direct |
Footnotes
F1: To the extent unvested, these options became fully vested and exercisable at the effective time of the merger described in Footnote 2.
F2: Acquired pursuant to the Agreement and Plan of Merger by and among the Issuer, McMoRan Exploration Co. ("MMR") and a wholly owned subsidiary of the Issuer (the "Merger Agreement") in exchange for options to purchase MMR common stock. Options to purchase shares of MMR common stock were converted into options to purchase shares of Issuer common stock, with the number of shares subject to the Issuer options equal to the number of shares subject to the corresponding MMR options multiplied by 0.5400, and rounded down to the nearest whole share. The exercise price of the Issuer options is equal to the exercise price of the corresponding MMR options, divided by 0.5400, and rounded up to the nearest whole cent.