Statement of Changes in Beneficial Ownership (4)
February 06 2020 - 6:08PM
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 Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. 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 Date | 7. 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) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount 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 |
Director | 10% Owner | Officer | Other |
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 attorney | | 2/6/2020 |
**Signature of Reporting Person | Date |
Freeport McMoRan (NYSE:FCX)
Historical Stock Chart
From Aug 2024 to Sep 2024
Freeport McMoRan (NYSE:FCX)
Historical Stock Chart
From Sep 2023 to Sep 2024