Tammy Mccomic - Jul 25, 2021 Form 4 Insider Report for MEXCO ENERGY CORP (MXC)

Role
PRESIDENT
Signature
/s/ Tammy L. McComic
Stock symbol
MXC
Transactions as of
Jul 25, 2021
Transactions value $
$212,750
Form type
4
Date filed
7/27/2021, 05:45 PM
Previous filing
Jul 7, 2021
Next filing
Sep 29, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MXC STOCK OPTIONS Award $213K +25K +25.77% $8.51 122K Jul 25, 2021 COMMON STOCK 25K $8.51 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options granted pursuant to Mexco Energy Corporation 2009 Employee Incentive Stock Plan.
F2 The shares vest 1/4 each year for four consecutive years ( 1/4 in 2022, 1/4 in 2023, 1/4 in 2024 and 1/4 in 2025).
F3 Of these 122,000 option shares, 65,750 are vested and can be acquired at the following prices: 25,000 shares @ $5.98 per share; 22,000 shares @ $7.00 per share; 12,500 @ $4.84 per share; and 6,250 @ $3.34 per share.