FREEPORT-MCMORAN INC — Director's Dealing 2020

Nov 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FREEPORT-MCMORAN INC (FCX)
CIK: 0000831259
Period of Report: 2020-11-11

Reporting Person: WHITMIRE C DONALD JR (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-11	Common Stock	M	10000	$15.52	Acquired	70242	Direct
2020-11-11	Common Stock	M	14500	$4.35	Acquired	84742	Direct
2020-11-11	Common Stock	S	24500	$19.4206	Disposed	60242	Direct
2020-11-11	Common Stock	S	1300	$19.3255	Disposed	4785	Indirect
2020-11-11	Common Stock	S	1300	$19.3637	Disposed	4785	Indirect
2020-11-12	Common Stock	G	2750	—	Disposed	57492	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-11	Options (Right to Buy)	$15.52	M	10000	Disposed	2027-02-07	Common Stock (10000)	Direct
2020-11-11	Options (Right to Buy)	$4.35	M	14500	Disposed	2026-02-02	Common Stock (14500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1951	Indirect

Footnotes

F1: Based on plan statement as of December 31, 2019.

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

F3: The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $19.3850 - $19.4400. 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.

F4: Amount beneficially owned following the reported transactions includes 36,999 Common Stock Restricted Stock Units