SEC Form 4 · accession 0001246360-17-000503
FREEPORT-MCMORAN INC · FCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen L Quirk
Officer — EVP, CFO & Treasurer
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 5:28 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 StockF1 | Feb 7, 2017 | A | 128,000 | $0.00 | A | 527,088 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F3 | $15.52 | Feb 7, 2017 | A | 257,000 | A | Feb 7, 2018 | Feb 7, 2027 | Common Stock | 257,000 | 257,000 | D |
Explanation of responses
- F1Amount beneficially owned following the reported transaction includes 128,000 time vested Common Stock Restricted Stock Units.
- F2Represents a grant of time vested Common Stock Restricted Stock Units.
- F325% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
Remarks
In addition to the awards reported herein, on February 7, 2017, the Reporting Person also received a grant of performance share units which will be reported on a Form 4 if and when such units vest.