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
- 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.
- 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.
- Includes 128,718 stock-settled Restricted Stock Units.
- These options became fully vested and exercisable at the effective time of the merger described in Footnote 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.
- Based on plan statement dated May 31, 2013.