Adkerson Richard C's Form 4 filing
Freeport-McMoran IncFCX · filed Dec 6, 2021
- Accession no.
- 0001209191-21-068186
- Filed
- Dec 6, 2021
- Trade date
- Aug 13-Dec 6, 2021
- Filing delay
- 115 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 5 derivative transactions. Open-market sales total $7.44M. It was filed 115 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Adkerson Richard CCIK 0001200685 | Director, Officer (Chairman of the Board & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 13, 2021 | Common Stock | GGiftDisposed | −107,877 | $0.00 | $0 | 1,015,048 | Indirect | |
| Dec 2, 2021 | Common Stock | MOption exerciseAcquired | +81,000 | $24.08 | +$1,950,480 | 2,731,882 | Direct | |
| Dec 2, 2021 | Common Stock | MOption exerciseAcquired | +54,000 | $24.08 | +$1,300,320 | 2,785,882 | Direct | |
| Dec 2, 2021 | Common Stock | MOption exerciseAcquired | +515,000 | $15.52 | +$7,992,800 | 3,300,882 | Direct | |
| Dec 2, 2021 | Common Stock | MOption exerciseAcquired | +263,333 | $11.87 | +$3,125,762.71 | 3,564,215 | Direct | |
| Dec 2, 2021 | Common Stock | MOption exerciseAcquired | +210,834 | $12.04 | +$2,538,441.36 | 3,775,049 | Direct | |
| Dec 2, 2021 | Common Stock | FTax withholdingDisposed | −718,766 | $37.10 | −$26,666,218.6 | 3,056,283 | Direct | |
| Dec 6, 2021 | Common Stock | SSaleDisposed | −202,701 | $36.71F4 | −$7,441,153.71 | 2,853,582 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2021 | Common Stock | MOption exerciseDisposed | −81,000 | $0.00 | $0 | 0 | Direct | |
| Dec 2, 2021 | Common Stock | MOption exerciseDisposed | −54,000 | $0.00 | $0 | 0 | Direct | |
| Dec 2, 2021 | Common Stock | MOption exerciseDisposed | −515,000 | $0.00 | $0 | 0 | Direct | |
| Dec 2, 2021 | Common Stock | MOption exerciseDisposed | −263,333 | $0.00 | $0 | 131,667 | Direct | |
| Dec 2, 2021 | Common Stock | MOption exerciseDisposed | −210,834 | $0.00 | $0 | 421,666 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F4
The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $36.4700 - $36.8950. 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.
Referenced by the price of 1 transaction in Table I.