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MEXCO ENERGY CORP Director's Dealing 2007

Dec 11, 2007

34988_dirs_2007-12-11_fcb8155e-e8d0-4e96-8a81-b17adc4f3078.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXCO ENERGY CORP (MXC)
CIK: 0000066418
Period of Report: 2007-12-10

Reporting Person: MCCOMIC TAMMY (Vice President and)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-12-10 Stock Options (right to buy) $4.35 A 10000 Acquired 2012-12-10 Common Stock (10000) Direct

Footnotes

F1: Options granted pursuant to Mexco Energy Corporation 2004 Employee Incentive Stock Plan.

F2: The shares vest 1/4 each year for four consecutive years (1/4 in 2008, 1/4 in 2009, 1/4 in 2010 and 1/4 in 2011).

F3: Of these 50,000 shares, 32,500 shares are vested and can be acquired at the following prices: 20,000 @ $6.00 per share, 10,000 @ $4.00 per share and 2,500 @ $8.24 per share.