Tammy L. McComic - 15 Apr 2024 Form 4 Insider Report for MEXCO ENERGY CORP (MXC)

Role: PRESIDENT
Signature: /s/ Tammy L. McComic
Issuer symbol: MXC
Transactions as of: 15 Apr 2024
Net transactions value: +$9,906
Form type: 4
Filing time: 17 Apr 2024, 10:37:09 UTC
Previous 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	$1,251	+147	+0.19%	$8.51	77,540	15 Apr 2024	Direct
transaction	MXC	MXC COMMON STOCK	Sale	$2,428	-147	-0.19%	$16.52	77,540	15 Apr 2024	Direct
transaction	MXC	MXC COMMON STOCK	Options Exercise	$4,916	+1,472	+2%	$3.34^*	76,068	15 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	$1,251	+147	+0.12%	$8.51	124,853	15 Apr 2024	COMMON STOCK	147	$8.51	Direct	F1
transaction	MXC	STOCK OPTIONS	Exercise of in-the-money or at-the-money derivative security	$4,916	+1,472	+1.2%	$3.34^*	123,381	15 Apr 2024	COMMON STOCK	1,472	$3.34	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 123,381 option shares, 73,381 are vested and can be acquired at the following prices: 25,000 @ $4.84 per share; 23,528 @ $3.34 per share; 12,353 @ $8.51; 6,250 @ $18.05 per share; and, 6,250 @ $12.68 per share.
F3	Direct beneficial holdings after the sale total 76,068 shares which include vested options to acquire shares of the Registrant's Common Stock, $0.50 par value, as follows: 25,000 @ $4.84 per share; and 23,528 @ $3.34 per share; 12,353 @ $8.51; 6,250 @ $18.05 per share; 6,250 @ $12.68 per share.