FREEPORT-MCMORAN INC — Director's Dealing 2018

Feb 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FREEPORT-MCMORAN INC (FCX)
CIK: 0000831259
Period of Report: 2017-09-05

Reporting Person: ADKERSON RICHARD C (Director, Vice Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-05	Common Stock	G	89219	$0.00	Disposed	350000	Indirect
2018-02-06	Common Stock	A	106500	$0.00	Acquired	2149279	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-06	Options (Right to Buy)	$18.74	A	255000	Acquired	2028-02-06	Common Stock (255000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20330	Indirect

Footnotes

F1: Upon expiration of a GRAT established by the Reporting Person, 89,219 shares were transferred to the remaindermen of the trust. The remaining 189,801 shares were previously distributed to the Reporting Person and are now reported as directly owned in a transaction exempt under Rule 16a-13.

F2: Amount beneficially owned following the reported transactions includes 1,234,500 Common Stock Restricted Stock Units, 1,000,000 of which are vested but deferred.

F3: Represents a grant of time-vested Common Stock Restricted Stock Units.

F4: 33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.