SMITH JEFFRY A 4
4 · MEXCO ENERGY CORP · Filed Sep 11, 2009
Insider Transaction Report
Form 4
SMITH JEFFRY A
Other
Transactions
- Exercise/Conversion
MXC Common Stock
2009-09-10$8.24/sh+1,209$9,962→ 9,319 total - Sale
MXC Common Stock
2009-09-10$12.25/sh−1,209$14,810→ 8,110 total
Footnotes (2)
- [F1]Direct beneficial holdings after the sale total 8,110 shares which include vested options to acquire 8,000 shares of the Registrant's Common Stock ($0.50 par value) at the following prices: 4,500 shares @ $8.24 per share and 3,500 shares @ $7.00 per share.
- [F2]The shares vest 1/4 each year from grant date for four consecutive years as follows: 3,500 options @ $7.00 were granted on 11/20/2003 and expire on 11/20/2013; 7,000 options @ $8.24 were granted on 7/12/2006 and expire on 7/12/2011; 7,500 options @ $4.35 were granted on 12/10/2007 and expire on 12/10/2012. Of these 18,000 shares, 8,000 are vested.