Tammy L. McComic - 02 Apr 2024 Form 4 Insider Report for MEXCO ENERGY CORP (MXC)

Role: PRESIDENT
Signature: Tammy L. McComic
Issuer symbol: MXC
Transactions as of: 02 Apr 2024
Net transactions value: +$3,952
Form type: 4
Filing time: 04 Apr 2024, 15:27:29 UTC
Previous filing: 14 Apr 2023
Next filing: 10 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MXC	MXC COMMON STOCK	Options Exercise	$49,000	+7,000	+12%	$7.00	66,465	02 Apr 2024	Direct
transaction	MXC	MXC COMMON STOCK	Sale	$89,306	-6,606	-9.9%	$13.52	59,859	02 Apr 2024	Direct
transaction	MXC	MXC COMMON STOCK	Sale	$4,742	-394	-0.66%	$12.04	59,465	04 Apr 2024	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	$49,000	+7,000	+7.4%	$7.00	102,000	02 Apr 2024	COMMON STOCK	7,000	$7.00	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 2019 Employee Incentive Stock Plan.
F2	Of these 102,000 option shares, 58,250 are vested and can be acquired at the following prices: 2,000 shares @ $7.00 per share; 25,000 @ $4.84 per share; 25,000 @ $3.34 per share; and 6,250 @ $18.05 per share.
F3	Direct beneficial holdings after the sale total 59,465 shares which include vested options to acquire shares of the Registrant's Common Stock, $0.50 par value, as follows: 2,000 shares @ $7.00 per share; 25,000 @ $4.84 per share; and 25,000 @ $3.34 per share; and 6,250 @ $18.05 per share.