Stacy D. Hardin - Aug 22, 2022 Form 4 Insider Report for MEXCO ENERGY CORP (MXC)

Role
SECRETARY
Signature
/s/ Stacy D. Hardin
Stock symbol
MXC
Transactions as of
Aug 22, 2022
Transactions value $
$90,250
Form type
4
Date filed
8/24/2022, 04:29 PM
Previous filing
Mar 8, 2022
Next filing
Apr 14, 2023

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 $90.3K +5K +57.14% $18.05 13.8K Aug 22, 2022 COMMON STOCK 5K $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 13,750 option shares, 1,250 are vested and can be acquired @ $8.51 per share.