MEXCO ENERGY CORP 4
4 · MEXCO ENERGY CORP · Filed Jun 20, 2008
Insider Transaction Report
Form 4
CRADDICK TOM
Director
Transactions
- Exercise/Conversion
Mexco Energy-Common Stock
2008-06-19$7.50/sh+10,000$75,000→ 30,000 total - Exercise/Conversion
Mexco Energy Corporation-Common Stock
2008-06-19$7.50/sh+10,000$75,000→ 30,000 totalExercise: $7.50From: 2003-03-03Exp: 2009-03-03→ Mexco Energy-Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Mr. Craddick was awarded an option to acquire 10,000 shares of the Registrant's common stock at $7.50 per share on March 3, 1999. Options vest at a rate of 2,500 shares per year so that the option to purchase all 10,000 shares fully vested on March 3, 2003 and are included in the total of number of shares reported to be owned by Mr. Craddick since the option has been exercised on this date.
- [F2]Of these 30,000 shares, 20,000 are vested options and can be acquired at the following prices: 10,000 @ $5.25 per share and 10,000 @ $4.00 per share.