Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ADKERSON RICHARD C
  2. Issuer Name and Ticker or Trading Symbol
FREEPORT-MCMORAN INC [FCX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice Chairman, President & CEO
(Last)
(First)
(Middle)
333 NORTH CENTRAL AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2019
(Street)

PHOENIX, AZ 85004
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/05/2019   A(1)   168,000 A $ 0 2,067,279 D  
Common Stock 02/05/2019   A(2)   64,000 A $ 0 2,131,279 D  
Common Stock 02/05/2019   A(3)   552,000 A $ 0 2,683,279 D  
Common Stock 02/05/2019   F(4)   257,716 D $ 11.86 2,425,563 (5) D  
Common Stock               600,000 I Through GRATs
Common Stock               20,330 I By IRA

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Right to Buy) $ 11.87 02/05/2019   A   395,000   02/05/2020(6) 02/05/2029 Common Stock 395,000 $ 0 395,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ADKERSON RICHARD C
333 NORTH CENTRAL AVENUE
PHOENIX, AZ 85004
  X     Vice Chairman, President & CEO  

Signatures

 Kelly C. Simoneaux, on behalf of Richard C. Adkerson pursuant to a power of attorney   02/07/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) Represents a grant of time-vested Common Stock Restricted Stock Units.
(2) Shares acquired through vesting of performance-based restricted stock units granted on February 7, 2017.
(3) Shares acquired through vesting of performance share units (PSUs) granted on March 30, 2016.
(4) Shares withheld to cover the taxes due upon the vesting of 64,000 performance-based restricted stock units and 552,000 PSUs.
(5) Amount beneficially owned following the reported transactions includes 1,402,500 Common Stock Restricted Stock Units, 1,000,000 of which are vested but deferred.
(6) 33.3% exercisable on the date indicated and on each of the next two anniversaries thereof.
 
Remarks:
In addition to the awards reported herein, on February 5, 2019, the Reporting Person also received a grant of PSUs, which will be reflected on a Form 4 if and when such units vest. Vesting of the PSUs will be determined by the Issuer's average return on investment and relative TSR over the three-year performance period ending December 31, 2021.  Since the date of Mr. Adkerson's last Form 4 reporting holdings in Table 1, an additional 250,000 shares of the Issuer's Common Stock previously reported as directly held have been contributed to a GRAT and are now reported as indirectly held.

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