Tammy L. McComic - 24 Feb 2022 Form 4 Insider Report for MEXCO ENERGY CORP (MXC)

Role
PRESIDENT
Signature
/s/ Tammy L. McComic
Issuer symbol
MXC
Transactions as of
24 Feb 2022
Net transactions value
-$26,720
Form type
4
Filing time
25 Feb 2022, 13:05:49 UTC
Previous filing
05 Oct 2021
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXC MXC COMMON STOCK Options Exercise $23,920 +4,000 +7.7% $5.98 56,215 23 Feb 2022 Direct
transaction MXC MXC COMMON STOCK Sale $48,000 -4,000 -7.1% $12.00 52,215 23 Feb 2022 Direct
transaction MXC MXC COMMON STOCK Options Exercise $11,960 -2,000 -3.7% $5.98 52,215 24 Feb 2022 Direct
transaction MXC MXC COMMON STOCK Sale $26,560 -2,000 -3.8% $13.28 50,215 24 Feb 2022 Direct F3

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 $23,920 +4,000 +4.1% $5.98 101,000 23 Feb 2022 COMMON STOCK 4,000 $5.98 Direct F1
transaction MXC STOCK OPTIONS Award $11,960 +2,000 +2.1% $5.98 99,000 24 Feb 2022 COMMON STOCK 2,000 $5.98 Direct F1, F2
* 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 Of these 99,000 option shares, 49,000 are vested and can be acquired at the following prices: 6,000 shares @ $5.98 per share; 18,000 shares @ $7.00 per share; 18,750 @ $4.84 per share; 6,250 @ $3.34 per share.
F3 Direct beneficial holdings after the sale total 50,215 shares which include vested options to acquire shares of the Registrant's Common Stock, $0.50 par value, as follows: 6,000 shares @ $5.98 per share; 18,000 shares @ $7.00 per share; 18,750 @ $4.84 per share; and 6,250 @ $3.34 per share.