SEC Form 4 · accession 0001493152-18-009781
MEXCO ENERGY CORP · MXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tammy McComic
Officer — PRESIDENT
Period of report
Jul 5, 2018
Accepted (ET)
Jul 6, 2018 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000066418
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| MXC COMMON STOCK | Jul 5, 2018 | M | 2,500 | $6.29 | A | 93,190 | D | |
| MXC COMMON STOCKF1 | Jul 5, 2018 | S | 2,500 | $8.60 | D | 90,690 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTIONSF2,F4,F3 | $6.29 | Jul 5, 2018 | A | 2,500 | D | Aug 16, 2011 | Aug 16, 2020 | COMMON STOCK | 2,500 | 96,100 | D |
Explanation of responses
- F1Direct beneficial holdings after the sale total 90,690 shares which include vested options to acquire shares of the Registrant's Common Stock, $0.50 par value, as follows: 21,100 shares @ $6.29 per share; 25,000 shares @ $6.80 per share; 25,000 shares @ $5.98 per share; and, 18,750 @ $7.00 per share.
- F2Options granted pursuant to Mexco Energy Corporation 2009 Employee Incentive Stock Plan.
- F325,000 options @ $6.29 per share were granted on 8/16/2011 and expire on 8/16/2020. The shares vest 1/4 each year from grant date for four consecutive years.
- F4Of these 96,100 option shares, 89,850 are vested and can be acquired at the following prices: 21,100 shares @ $6.29 per share; 25,000 shares @ $6.80 per share; 25,000 shares @ $5.98 per share; and, 18,750 @ $7.00 per share