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 *
FLORES JAMES C
  2. Issuer Name and Ticker or Trading Symbol
FREEPORT-MCMORAN INC [FCX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO of Subsidiary
(Last)
(First)
(Middle)
700 MILAM, SUITE 3100
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2016
(Street)

HOUSTON, TX 77002
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 03/31/2016   M   42,906 A (1) 4,375,840 D  
Common Stock 03/31/2016   D   42,906 D $ 10.086 4,332,934 D  
Common Stock 03/31/2016   F(2)   7,661 D $ 10.29 4,325,273 (3) D  
Common Stock               325 (4) I By 401(k) plan
Common Stock               1,550,458 I Flores Family Limited Partnership
Common Stock               17,350 I OLF Partnership, L.P.
Common Stock               20,000 I JCF Partnership, L.P.
Common Stock               20,000 I Mer.FF Partnership, L.P.
Common Stock               20,000 I Ala.GF Partnership, L.P.
Common Stock               2,086,041 I By Sable Management, L.P.
Common Stock               2,850,000 I Flores No. 2 Family Limited Partnership

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
Restricted Stock Units (cash-settled) (1) 03/31/2016   M     42,906   (5)   (5) Common Stock 42,906 (1) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FLORES JAMES C
700 MILAM
SUITE 3100
HOUSTON, TX 77002
      CEO of Subsidiary  

Signatures

 Kelly C. Simoneaux, on behalf of James C. Flores, pursuant to a power of attorney   04/04/2016
**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 the vesting of cash-settled restricted stock units, the value of which is equivalent to the average trading price of FCX common stock for the five trading days prior to vesting.
(2) Shares withheld to cover taxes due upon vesting of 28,962 stock-settled restricted stock units.
(3) Includes 41,832 stock-settled restricted stock units.
(4) Based on plan statement as of December 31, 2015.
(5) As of March 31, 2016, the award is fully vested.

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