SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Higgins Stephen T.

(Last)

(First)

(Middle)

333 NORTH CENTRAL AVENUE

(Street)

PHOENIX

85004

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/04/2021

3. Issuer Name and Ticker or Trading Symbol
FREEPORT-MCMORAN INC [ FCX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Senior VP & CAO

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	70,000⁽¹⁾	D
Common Stock	16,587⁽²⁾	I	By 401(k)
Common Stock	18,818	I	By Family Trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units (cash-settled)	⁽³⁾	⁽³⁾	Common Stock	10,000	⁽³⁾	D
Options (Right to Buy)	02/06/2013⁽⁴⁾	02/06/2022	Common Stock	45,000	46.73	D
Options (Right to Buy)	02/05/2020⁽⁵⁾	02/05/2029	Common Stock	21,667	11.87	D
Options (Right to Buy)	02/06/2022⁽⁶⁾	02/06/2029	Common Stock	65,000	11.91	D
Options (Right to Buy)	02/04/2021⁽⁵⁾	02/04/2030	Common Stock	65,000	12.04	D
Options (Right to Buy)	02/02/2022⁽⁵⁾	02/02/2031	Common Stock	15,000	28.14	D

Explanation of Responses:

1. Represents 70,000 stock-settled common stock restricted stock units.

2. Balance as of 5/4/2021.

3. Each cash-settled restricted stock unit is the economic equivalent of one share of the Issuer's common stock, payable in cash upon vesting.

4. 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.

5. 33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.

6. 100% vested on 2/6/2022

	Kelly C. Simoneaux, on behalf of Stephen T. Higgins pursuant to a power of attorney	05/12/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.