SEC Form 4 · accession 0001246360-17-000831
FREEPORT-MCMORAN INC · FCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harry M. Conger IV
Officer — Pres & COO FM Americas
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 5:21 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, 2017 | F | 3,344 | $15.90 | D | 37,763 | D | |
| Common Stock | Feb 16, 2017 | M | 77,500 | $4.35 | A | 115,263 | D | |
| Common StockF3,F4 | Feb 16, 2017 | S | 77,500 | $15.2401 | D | 37,763 | 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)F2 | $4.35 | Feb 16, 2017 | M | 77,500 | D | Feb 2, 2017 | Feb 2, 2026 | Common Stock | 77,500 | 232,500 | D |
Explanation of responses
- F1Shares withheld to cover taxes due upon vesting of 10,000 Common Stock Restricted Stock Units.
- 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 5,000 Common Stock Restricted Stock Units.
- F4The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $15.21 - $15.30. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.