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
                                                                                  
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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 *

ADKERSON RICHARD C
2. Issuer Name and Ticker or Trading Symbol

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

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman of the Board & CEO
(Last)          (First)          (Middle)

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

2/1/2021
(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 2/1/2021  G(1)  V 72042 D$0.00 490499 I Through GRATS 
Common Stock 2/2/2021  A(2)  53000 A$0.00 3209353 D  
Common Stock 2/2/2021  A(3)  247080 A$0.00 3456433 D  
Common Stock 2/2/2021  F(4)  91910 D$28.23 3364523 (5)D  
Common Stock         192330 I By IRA 

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) $28.14 2/2/2021  A   112000    2/2/2022 (6)2/2/2031 Common Stock 112000 $0.00 112000 D  

Explanation of Responses:
(1) Upon expiration of a GRAT established by the Reporting Person, 72,042 shares were transferred to the remaindermen of the trust.
(2) Represents a grant of time-vested Common Stock Restricted Stock Units ("RSUs").
(3) Shares acquired through the vesting of performance share units ("PSUs") granted on February 6, 2018.
(4) Shares withheld to cover the taxes due upon the vesting of PSUs.
(5) Amount beneficially owned includes 1,328,500 RSUs, 1,000,000 of which are vested but deferred.
(6) 33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.

Remarks:
In addition to the awards reported herein, on February 2, 2021, 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, 2023. Since the date of Mr. Adkerson's last Form 4 reporting holdings in Table 1, 58,260 shares of the Issuer's Common Stock previously reported as indirectly held in a GRAT are now reported as directly held.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ADKERSON RICHARD C
333 NORTH CENTRAL AVENUE
PHOENIX, AZ 85004
X
Chairman of the Board & CEO

Signatures
Kelly C. Simoneaux, on behalf of Richard C. Adkerson pursuant to a power of attorney2/4/2021
**Signature of Reporting PersonDate

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