SEC Form 4 · accession 0001209191-16-099408
FREEPORT-MCMORAN INC · FCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard C Adkerson
Officer — Vice Chairman, President & CEO · Director
Period of report
Feb 15, 2016
Accepted (ET)
Feb 17, 2016 · 5:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000831259
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 15, 2016 | D | 60,000 | $0.00 | D | 1,991,467 | D | |
| Common StockF3 | Feb 15, 2016 | F | 85,175 | $5.53 | D | 1,906,292 | D | |
| Common Stock | holding | — | — | — | 20,330 | I | By IRA | |
| Common Stock | holding | — | — | — | 793,000 | I | Through Trusts |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the forfeiture of a portion of the performance-based restricted stock unit award granted January 29, 2013, due to the failure to satisfy the performance condition.
- F2Shares withheld to cover the taxes due upon the vesting of 240,000 performance-based restricted stock units.
- F3Includes 1,000,000 restricted stock units.
Remarks
Since the date of Mr. Adkerson's last Form 4 reporting holdings in Table 1, an additional 298,991 shares of the Issuer's Common Stock have been contributed to a trust and are now reported as indirectly held.