FREEPORT-MCMORAN INC — Director's Dealing 2022

Feb 9, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FREEPORT-MCMORAN INC (FCX)
CIK: 0000831259
Period of Report: 2022-02-04

Reporting Person: QUIRK KATHLEEN L (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-04	Common Stock	M	40500	$24.08	Acquired	1340399	Direct
2022-02-04	Common Stock	S	40500	$38.5466	Disposed	1299899	Direct
2022-02-07	Common Stock	A	67000	$0.00	Acquired	1366899	Direct
2022-02-07	Common Stock	A	403690	$0.00	Acquired	1770589	Direct
2022-02-07	Common Stock	F	176469	$38.42	Disposed	1594120	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-04	Options (Right to Buy)	$24.08	M	16200	Disposed	2022-02-06	Common Stock (16200)	Direct
2022-02-04	Options (Right to Buy)	$24.08	M	24300	Disposed	2022-02-06	Common Stock (24300)	Direct

Footnotes

F1: The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $38.5000 - $38.6650. 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.

F2: Represents a grant of time-vested Common Stock Restricted Stock Units ("RSUs").

F3: Shares acquired through the vesting of performance share units ("PSUs") granted on February 5, 2019.

F4: Shares withheld to cover the taxes due upon the vesting of PSUs.

F5: Amount beneficially owned includes 189,833 RSUs.

F6: 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.