MEXCO ENERGY CORP — Director's Dealing 2008

Jun 27, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXCO ENERGY CORP (MXC)
CIK: 0000066418
Period of Report: 2008-06-26

Reporting Person: MCCOMIC TAMMY (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-26	Mexco Energy Common Stock	M	10000	$4	Acquired	34380	Direct
2008-06-26	Mexco Energy Common Stock	M	20000	$6	Acquired	34380	Direct
2008-06-26	Mexco Energy Common Stock	S	14000	$42.31	Disposed	20380	Direct
2008-06-27	Mexco Energy Common Stock	S	4000	$41.19	Disposed	16380	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-26	Mexco Energy Common Stock	$4	M	10000	Disposed	2012-05-28	Mexco Energy Common Stock (10000)	Direct
2008-06-26	Mexco Energy Common Stock	$6	M	20000	Disposed	2013-07-10	Mexco Energy Common Stock (20000)	Direct

Footnotes

F1: Direct beneficial holdings after the sale total 16,380 shares which include vested options to acquire 2,500 shares of the Registrant's Common Stock ($0.50 par value) at $8.24 per share.

F2: The shares vest 1/4 each year from grant date for four consecutive years as follows: 10,000 options @ $8.24 per share were granted on 7/12/2006 and expire on 7/12/2011; 10,000 options @ $4.35 per share were granted on 12/10/2007 and expire on 12/10/2012. Of these 20,000 shares, 2,500 shares are vested.