MEXCO ENERGY CORP — Director's Dealing 2009

Sep 9, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXCO ENERGY CORP (MXC)
CIK: 0000066418
Period of Report: 2009-09-08

Reporting Person: SMITH JEFFRY A (Consulting Geologist)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-09-08	MXC Common Stock	M	900	$7	Acquired	10219	Direct
2009-09-08	MXC Common Stock	S	900	$11	Disposed	9319	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-09-08	MXC Common Stock	$7	M	900	Disposed	2013-11-20	MXC Common Stock (900)	Direct

Footnotes

F1: Direct beneficial holdings after the sale total 9,319 shares which include vested options to acquire 9,209 shares of the Registrant's Common Stock
($0.50 par value) at the following prices: 5,709 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; 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 19,209 shares, 9,209 are vested.