FREEPORT-MCMORAN INC — Director's Dealing 2022

Feb 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FREEPORT-MCMORAN INC (FCX)
CIK: 0000831259
Period of Report: 2022-02-15

Reporting Person: QUIRK KATHLEEN L (President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-15	Common Stock	F	28595	$42.45	Disposed	1565525	Direct
2022-02-16	Common Stock	M	380000	$18.98	Acquired	1945525	Direct
2022-02-16	Common Stock	F	258237	$44.25	Disposed	1687288	Direct
2022-02-16	Common Stock	S	80000	$44.0208	Disposed	1607288	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-16	Options (Right to Buy)	$18.98	M	380000	Disposed	2025-02-03	Common Stock (380000)	Direct

Footnotes

F1: Shares withheld to cover the taxes due upon the vesting of 68,833 Common Stock Restricted Stock Units ("RSUs").

F2: Shares delivered and withheld in payment of the exercise price of options and resulting taxes.

F3: The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $44.0000 - $44.0900. 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 includes 121,000 RSUs.

F5: 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.