FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MEXCO ENERGY CORP [ MXC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 08/25/2009 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
MXC Common Stock | 08/25/2009 | M | 1,440 | A | $8.24 | 13,260 | D | |||
MXC Common Stock | 08/25/2009 | S | 100 | D | $12.25 | 13,160 | D | |||
MXC Common Stock | 08/25/2009 | S | 1,110 | D | $12.25 | 12,050 | D | |||
MXC Common Stock | 08/25/2009 | S | 230 | D | $12.25 | 11,820 | D | |||
MXC Common Stock | 08/25/2009 | S | 1 | D | $12.25 | 11,819(1) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
MXC Common Stock | $8.24 | 08/25/2009 | M | 1,441 | 07/12/2007 | 07/12/2011 | MXC Common Stock | 1,441 | $8.24 | 21,709(2) | D |
Explanation of Responses: |
1. Direct beneficial holdings after the sale total 11,819 shares which include vested options to acquire 11,709 shares of the Registrant's Common Stock ($0.50 par value) at the following prices: 5,709 shares @ $8.24 per share and 6,000 shares @ $7.00 per share. |
2. The shares vest 1/4 each year from grant date for four consecutive years as follows: 6,000 options @ $7.00 were granted on 11/20/2003 and expire on 11/20/2013; 8,209 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 21,709 shares, 11,709 are vested. |
Jeffry A. Smith | 08/27/2009 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |