FREEPORT-MCMORAN INC — Director's Dealing 2021

May 12, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: FREEPORT-MCMORAN INC (FCX)
CIK: 0000831259
Period of Report: 2021-05-04

Reporting Person: Higgins Stephen T. (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70000	Direct
Common Stock	16587	Indirect
Common Stock	18818	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units (cash-settled)	$		Common Stock (10000)		Direct
Options (Right to Buy)	$46.73	2022-02-06	Common Stock (45000)		Direct
Options (Right to Buy)	$11.87	2029-02-05	Common Stock (21667)		Direct
Options (Right to Buy)	$11.91	2029-02-06	Common Stock (65000)		Direct
Options (Right to Buy)	$12.04	2030-02-04	Common Stock (65000)		Direct
Options (Right to Buy)	$28.14	2031-02-02	Common Stock (15000)		Direct

Footnotes

F1: Represents 70,000 stock-settled common stock restricted stock units.

F2: Balance as of 5/4/2021.

F3: Each cash-settled restricted stock unit is the economic equivalent of one share of the Issuer's common stock, payable in cash upon vesting.

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

F5: 33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.

F6: 100% vested on 2/6/2022