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MEXCO ENERGY CORP Director's Dealing 2008

Jun 20, 2008

34988_dirs_2008-06-20_dc574a4d-5a11-4e54-aabc-bdd2de303ec0.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: 2008-06-20

Reporting Person: CRADDICK TOM (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-06-19 Mexco Energy-Common Stock M 10000 $7.5 Acquired 30000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-06-19 Mexco Energy Corporation-Common Stock $7.5 M 10000 Acquired 2009-03-03 Mexco Energy-Common Stock (10000) Direct

Footnotes

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.