FREEPORT-MCMORAN INC — Director's Dealing 2023

Jan 13, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FREEPORT-MCMORAN INC (FCX)
CIK: 0000831259
Period of Report: 2023-01-10

Reporting Person: ADKERSON RICHARD C (Director, Chairman of the Board & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-05	Common Stock	G	187800	$0.00	Disposed	1473306	Indirect
2022-08-19	Common Stock	G	56535	$0.00	Disposed	1416771	Indirect
2023-01-10	Common Stock	M	450000	$35.01	Acquired	3193036	Direct
2023-01-10	Common Stock	F	387436	$44.71	Disposed	2805600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-10	Options (Right to Buy)	$35.01	M	450000	Disposed	2023-01-29	Common Stock (450000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	192330	Indirect

Footnotes

F1: Since the date of Mr. Adkerson's last Form 4 reporting holdings in Table 1, 646,058 shares of the Issuer's Common Stock previously reported as directly held are now reflected as indirectly held through GRATs.

F2: Amount beneficially owned includes 1,106,333 Common Stock Restricted Stock Units, 1,000,000 of which are vested but deferred.

F3: Shares delivered and withheld in payment of the exercise price of options and resulting taxes.

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