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
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 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*
LACKEY BOBBY LEE
(Last) (First) (Middle)
4701 SOUTH BRIDGE STREET
(Street)
WESLACO TX 78596
(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2004
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
Class B Common Stock 02/18/2004 M 2,500 A $15.195 3,421 D
Class B Common Stock 02/18/2004 M 2,500 A $9.0938 5,921 D
Class B Common Stock 02/18/2004 M 2,500 A $11.165 8,421 D
Class B Common Stock 02/18/2004 M 10,000 A $26.6875 18,421 D
Class B Common Stock 02/18/2004 M 10,000 A $30.4375 28,421 D
Class B Common Stock 02/18/2004 M 10,000 A $29.1563 38,421 D
Class B Common Stock 02/18/2004 S 37,500 D $42.3446 921 D
Class B Common Stock 02/18/2004 M 6,556 A $29.1563 7,477 D
Class B Common Stock 02/18/2004 M 1,639 A $15.195 9,116 D
Class B Common Stock 02/18/2004 M 1,639 A $11.165 10,755 D
Class B Common Stock 02/18/2004 M 1,639 A $9.0938 12,394 D
Class B Common Stock 02/18/2004 M 6,556 A $26.6875 18,950 D
Class B Common Stock 02/18/2004 M 6,556 A $30.4375 25,506 D
Class B Common Stock 02/18/2004 D 24,585 D $42.075 921 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
Options (right to buy)(1) $15.195 02/18/2004 M 2,500 08/01/2003(2) 08/01/2012 Class B Common Stock 2,500 $0 7,500 D
Options (right to buy)(1) $9.0938 02/18/2004 M 2,500 08/01/2001(2) 08/01/2010 Class B Common Stock 2,500 $0 2,500 D
Options (right to buy)(1) $11.165 02/18/2004 M 2,500 08/01/2002(2) 08/01/2011 Class B Common Stock 2,500 $0 5,000 D
Options (right to buy)(1) $26.6875 02/18/2004 M 10,000 08/01/1996(2) 08/01/2005 Class B Common Stock 10,000 $0 0 D
Options (right to buy)(1) $30.4375 02/18/2004 M 10,000 08/01/1997(2) 08/01/2006 Class B Common Stock 10,000 $0 0 D
Options (right to buy)(1) $29.1563 02/18/2004 M 10,000 08/01/1998(2) 08/01/2007 Class B Common Stock 10,000 $0 0 D
Stock Appreciation Right $29.1563 02/18/2004 M 6,556 05/02/2000(3) 08/01/2007 Class B Common Stock 6,556 $0 0 D
Stock Appreciation Right $15.195 02/18/2004 M 1,639 08/01/2003(2) 08/01/2012 Class B Common Stock 1,639 $0 4,917 D
Stock Appreciation Right $11.165 02/18/2004 M 1,639 08/01/2002(2) 08/01/2011 Class B Common Stock 1,639 $0 3,278 D
Stock Appreciation Right $9.0938 02/18/2004 M 1,639 08/01/2001(2) 08/01/2010 Class B Common Stock 1,639 $0 1,639 D
Stock Appreciation Right $26.6875 02/18/2004 M 6,556 05/02/2000 08/01/2005 Class B Common Stock 6,556 $0 0 D
Stock Appreciation Right $30.4375 02/18/2004 M 6,556 05/02/2000(4) 08/01/2006 Class B Common Stock 6,556 $0 0 D
Explanation of Responses:
1. Options with Rights to Option Cancellation Gain Payments.
2. 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
3. 50% exercisable on the date indicated and 25% exercisable on 08/01/00 and on the next anniversary thereof.
4. 75% exercisable on the date indicated and 25% exercisable on 08/01/00.
Margaret F. Murphy on behalf of Bobby L. Lackey pursuant to Power of Attorney 02/20/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.