Tammy L. McComic - 22 Aug 2022 Form 4 Insider Report for MEXCO ENERGY CORP (MXC)

Role
PRESIDENT
Signature
/s/ Tammy L. McComic
Issuer symbol
MXC
Transactions as of
22 Aug 2022
Net transactions value
+$451,250
Form type
4
Filing time
24 Aug 2022, 16:27:55 UTC
Previous filing
08 Mar 2022
Next filing
14 Apr 2023
SEC
View on sec.gov

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 $451,250 +25,000 +30% $18.05 109,000 22 Aug 2022 COMMON STOCK 25,000 $18.05 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 2019 Employee Incentive Stock Plan.
F2 The shares vest 1/4 each year for four consecutive years (1/4 in 2023, 1/4 in 2024, 1/4 in 2025 and 1/4 in 2026).
F3 Of these 109,000 option shares, 43,750 are vested and can be acquired at the following prices: 9,000 shares @ $7.00 per share; 18,750 @ $4.84 per share; 12,500 @ $3.34 per share; and, 6,250 @ $8.51.