FREEPORT-MCMORAN INC — Director's Dealing 2016

Apr 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FREEPORT-MCMORAN INC (FCX)
CIK: 0000831259
Period of Report: 2016-03-31

Reporting Person: FLORES JAMES C (CEO of Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-31	Common Stock	M	42906	—	Acquired	4375840	Direct
2016-03-31	Common Stock	D	42906	$10.086	Disposed	4332934	Direct
2016-03-31	Common Stock	F	7661	$10.29	Disposed	4325273	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-31	Restricted Stock Units (cash-settled)	$	M	42906	Disposed		Common Stock (42906)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	325	Indirect
Common Stock	1550458	Indirect
Common Stock	17350	Indirect
Common Stock	20000	Indirect
Common Stock	20000	Indirect
Common Stock	20000	Indirect
Common Stock	2086041	Indirect
Common Stock	2850000	Indirect

Footnotes

F1: Represents the vesting of cash-settled restricted stock units, the value of which is equivalent to the average trading price of FCX common stock for the five trading days prior to vesting.

F2: Shares withheld to cover taxes due upon vesting of 28,962 stock-settled restricted stock units.

F3: Includes 41,832 stock-settled restricted stock units.

F4: Based on plan statement as of December 31, 2015.

F5: As of March 31, 2016, the award is fully vested.