SEC Form 4 · accession 0001246360-17-000565
FREEPORT-MCMORAN INC · FCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Donald Whitmire Jr.
Officer — VP & Controller Financial Rptg
Period of report
Feb 9, 2017
Accepted (ET)
Feb 10, 2017 · 5:14 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 9, 2017 | M | 1,620 | $11.93 | A | 64,896 | D | |
| Common Stock | Feb 9, 2017 | M | 52,500 | $12.295 | A | 117,396 | D | |
| Common Stock | Feb 9, 2017 | M | 3,500 | $4.35 | A | 120,896 | D | |
| Common StockF3 | Feb 9, 2017 | S | 57,620 | $15.42 | D | 63,276 | D | |
| Common StockF1 | holding | — | — | — | 1,897 | I | Through 401(k) Plan | |
| Common Stock | holding | — | — | — | 7,500 | I | By Spouse, through GRAT | |
| Common Stock | holding | — | — | — | 7,500 | I | Through GRAT |
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)F2 | $11.93 | Feb 9, 2017 | M | 1,620 | D | Jun 3, 2013 | Feb 2, 2019 | Common Stock | 1,620 | 0 | D |
| Options (right to buy)F2 | $12.295 | Feb 9, 2017 | M | 52,500 | D | Feb 2, 2010 | Feb 2, 2019 | Common Stock | 52,500 | 0 | D |
| Options (Right to Buy)F2 | $4.35 | Feb 9, 2017 | M | 3,500 | D | Feb 2, 2017 | Feb 2, 2026 | Common Stock | 3,500 | 71,500 | D |
Explanation of responses
- F1Based on plan statement as of December 31, 2016.
- F225% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
- F3Amount beneficially owned following the reported transactions includes 23,500 time vested Common Stock Restricted Stock Units.