SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* ADKERSON RICHARD C (Last) (First) (Middle) 333 NORTH CENTRAL AVENUE (Street) PHOENIX AZ 85004 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol FREEPORT MCMORAN COPPER & GOLD 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) President and CEO
	3. Date of Earliest Transaction (Month/Day/Year) 08/08/2011
	4. If Amendment, Date of 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

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(1)								415,844	I	Through Trust
Common Stock								20,330	I	By IRA
Common Stock	08/08/2011		J(2)(3)(4)(5)		288,732	D	(2)(3)(4)(5)	1,742,505	D

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 Securities Underlying Derivative Security (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: 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
Forward sale contract (obligation to sell)	(2)(3)(4)(5)	08/08/2011		J(2)(3)(4)(5)			1	(2)	(2)	Common Stock	500,000	$0	0	D

Explanation of Responses:

1. These shares were previously directly held but were contributed to a family trust on 08/04/2011.

2. On August 8, 2011, Mr. Adkerson settled a post-paid forward sale contract that was entered into on August 6, 2009 with a securities broker. The contract obligated Mr. Adkerson to deliver to the purchaser up to 250,000 shares (or 500,000 shares following the Issuer's February 2011 stock split) of the Issuer's Common Stock (Common Stock) on the August 6, 2011, or the next business day if a holiday (the Maturity Date) of the contract. The contract settled on Monday, August 8, 2011. (continued in footnote 3)

3. The contract, as adjusted for the Issuer's February 2011 stock split, provided that the number of shares of Common Stock that Mr. Adkerson would be obligated to deliver to the purchaser on the Maturity Date would be determined as follows: (continued in footnote 4)

4. (i) If the closing price of a share of Common Stock on the Maturity Date is less than $24.19, Mr. Adkerson would deliver 500,000 shares; (ii) if the closing price of a share of Common Stock on the Maturity Date is greater than $24.19, but less than $46.38, Mr. Adkerson would deliver the number of shares resulting from multiplying 500,000 by a fraction, the numerator of which is $24.19 and the denominator of which is the closing price on the Maturity Date; (continued in footnote 5)

5. and (iii) if the closing price of a share of Common Stock on the Maturity Date is greater than $46.38, Mr. Adkerson would deliver the number of shares resulting from multiplying 500,000 by a fraction, the numerator of which is $24.19 plus the closing price on the Maturity Date minus $46.38, and the denominator of which is the closing price on the Maturity Date. On August 8, 2011, the closing price was $41.89. Accordingly, Mr. Adkerson transferred to purchaser 288,732 shares of Common Stock.

Remarks:

Following the reported transactions, Mr. Adkerson's beneficial ownership includes 1,415,898 shares of Common Stock and 326,607 Common Stock Restricted Stock Units. He also holds options to acquire a total of 5,000,000 shares of Common Stock, 3,250,000 of which are vested and 1,750,000 of which are unvested.

	Kelly C. Simoneaux, on behalf of Richard C. Adkerson, pursuant to a power of attorney	08/09/2011
	** Signature of Reporting Person	Date
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