MEXCO ENERGY CORP — Director's Dealing 2009

Aug 27, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXCO ENERGY CORP (MXC)
CIK: 0000066418
Period of Report: 2009-08-25

Reporting Person: SMITH JEFFRY A (Geological Consultant)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-25	MXC Common Stock	M	1440	$8.24	Acquired	13260	Direct
2009-08-25	MXC Common Stock	S	100	$12.25	Disposed	13160	Direct
2009-08-25	MXC Common Stock	S	1110	$12.25	Disposed	12050	Direct
2009-08-25	MXC Common Stock	S	230	$12.25	Disposed	11820	Direct
2009-08-25	MXC Common Stock	S	1	$12.25	Disposed	11819	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-25	MXC Common Stock	$8.24	M	1441	Disposed	2011-07-12	MXC Common Stock (1441)	Direct

Footnotes

F1: 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.

F2: 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.