Filing Details

Accession Number:
0001181431-13-033050
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-05 17:55:10
Reporting Period:
2013-06-03
Filing Date:
2013-06-05
Accepted Time:
2013-06-05 17:55:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
831259 Freeport Mcmoran Copper & Gold Inc FCX Metal Mining (1000) 742480931
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
939485 C James Flores 700 Milam
Suite 3100
Houston TX 77002
Vice Chairman Of The Board Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-06-03 100,000 $31.27 386,041 No 4 P Indirect By Sable Management, L.P.
Common Stock Acquisiton 2013-06-03 350,000 $31.16 350,000 No 4 P Indirect Flores No. 2 Family Limited Partnership
Common Stock Acquisiton 2013-06-03 650,000 $31.16 1,050,458 No 4 P Indirect Flores Family Limited Partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Sable Management, L.P.
No 4 P Indirect Flores No. 2 Family Limited Partnership
No 4 P Indirect Flores Family Limited Partnership
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options (Right to Buy) Acquisiton 2013-06-03 1,350 $0.00 1,350 $31.82
Common Stock Options (Right to Buy) Acquisiton 2013-06-03 5,400 $0.00 5,400 $32.60
Common Stock Options (Right to Buy) Acquisiton 2013-06-03 5,400 $0.00 5,400 $16.34
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,350 2013-06-03 2020-12-30 No 4 A Direct
5,400 2013-06-03 2021-06-01 No 4 A Direct
5,400 2013-06-03 2022-06-01 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,345,083 Direct
Common Stock 284 Indirect By 401(k) plan
Footnotes
  1. The price reported represents the weighted average price of the shares purchased. Shares were purchased at varying prices in the range of $31.2275 - $31.3200. 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 purchased at each separate price.
  2. The price reported represents the weighted average price of the shares purchased. Shares were purchased at varying prices in the range of $30.93 - $31.45. 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 purchased at each separate price.
  3. Includes 128,718 stock-settled Restricted Stock Units.
  4. These options became fully vested and exercisable at the effective time of the merger described in Footnote 5.
  5. Acquired pursuant to the Agreement and Plan of Merger by and among the Issuer, McMoRan Exploration Co. ("MMR") and a wholly owned subsidiary of the Issuer (the "Merger Agreement") in exchange for options to purchase MMR common stock. Options to purchase shares of MMR common stock were converted into options to purchase shares of Issuer common stock, with the number of shares subject to the Issuer options equal to the number of shares subject to the corresponding MMR options multiplied by 0.5400, and rounded down to the nearest whole share. The exercise price of the Issuer options is equal to the exercise price of the corresponding MMR options, divided by 0.5400, and rounded up to the nearest whole cent.
  6. Based on plan statement dated May 31, 2013.