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FCX Freeport McMoRan Inc

51.07
0.62 (1.23%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Freeport McMoRan Inc NYSE:FCX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.62 1.23% 51.07 51.505 50.5403 51.17 10,951,711 01:00:00

Statement of Changes in Beneficial Ownership (4)

06/02/2020 11:08pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

QUIRK KATHLEEN L
2. Issuer Name and Ticker or Trading Symbol

FREEPORT-MCMORAN INC [ FCX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP, CFO & Treasurer
(Last)          (First)          (Middle)

333 NORTH CENTRAL AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/4/2020
(Street)

PHOENIX, AZ 85004
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/4/2020  A(1)  83000 A$0 1003769 D  
Common Stock 2/4/2020  A(2)  109952 A$0 1113721 D  
Common Stock (4)2/4/2020  F(5)  35426 D$11.44 1078295 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options (Right to Buy) $12.04 2/4/2020  A   210500    2/4/2021 (3)2/4/2030 Common Stock 210500 $0 210500 D  

Explanation of Responses:
(1) Represents a grant of time-vested Common Stock Restricted Stock Units.
(2) Shares acquired through vesting of performance share units (PSUs) granted on February 7, 2017.
(3) 33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.
(4) Amount beneficially owned following the reported transaction includes 330,333 time-vested Common Stock Restricted Stock Units.
(5) Shares withheld to cover the taxes due upon the vesting of PSUs.

Remarks:
In addition to the awards reported herein, on February 4, 2020, the Reporting Person also received a grant of PSUs, which will be reflected on a Form 4 if and when such units vest. Vesting of the PSUs will be determined by the Issuer's average return on investment and relative TSR over the three-year performance period ending December 31, 2022.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
QUIRK KATHLEEN L
333 NORTH CENTRAL AVENUE
PHOENIX, AZ 85004


EVP, CFO & Treasurer

Signatures
Kelly C. Simoneaux, on behalf of Kathleen L. Quirk pursuant to a power of attorney2/6/2020
**Signature of Reporting PersonDate

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