Mexco Energy (MXC) executive Mccomic sold 12,000 shares for $176K at an average $14.66
Insider transactions reported
Tammy Mccomic (executive at Mexco Energy Corporation, MXC) reported that they sold 12,000 shares for $176K at an average $14.66, and acquired 12,000 shares at an average $6.32 between Oct 4, 2021 and Oct 5, 2021. After these transactions the filing shows 56,215 shares held directly.
- Reporting person
- Mccomic Tammy
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Oct 4, 2021 | Exercise or conversion of a derivative (M) | MXC COMMON STOCK | +11,000 | avg $6.35 | $69.9K | 68,215 direct |
| Oct 4, 2021 | Open-market sale (S) | MXC COMMON STOCK | -11,000 | avg $14.71 | $162K | 57,215 direct |
| Oct 5, 2021 | Exercise or conversion of a derivative (M) | MXC COMMON STOCK | +1,000 | $5.98 | $5,980 | 57,215 direct |
| Oct 5, 2021 | Open-market sale (S) | MXC COMMON STOCK3 | -1,000 | $14.12 | $14.1K | 56,215 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Oct 4, 2021 | Grant or award (A) | STOCK OPTIONSOn 11,000 COMMON STOCK1 | +11,000 | avg $6.35 | $69.9K | 106,000 direct |
| Oct 5, 2021 | Grant or award (A) | STOCK OPTIONSOn 1,000 COMMON STOCK1, 2 | +1,000 | $5.98 | $5,980 | 105,000 direct |
Holdings before and after
- MXC COMMON STOCK: 61,215 to 56,215 direct
- STOCK OPTIONS: 103,000 to 105,000 direct
Footnotes from the filing
- 1. Options granted pursuant to Mexco Energy Corporation 2009 Employee Incentive Stock Plan.
- 2. Of these 105,000 option shares, 55,000 are vested and can be acquired at the following prices: 12,000 shares @ $5.98 per share; 18,000 shares @ $7.00 per share; 18,750 @ $4.84 per share; 6,250 @ $3.34 per share.
- 3. Direct beneficial holdings after the sale total 56,215 shares which include vested options to acquire shares of the Registrant's Common Stock, $0.50 par value, as follows: 12,000 shares @ $5.98 per share; 18,000 shares @ $7.00 per share; 18,750 @ $4.84 per share; and 6,250 @ $3.34 per share.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Mccomic report in this MXC Form 4?
Tammy Mccomic (executive at Mexco Energy Corporation, MXC) reported that they sold 12,000 shares for $176K at an average $14.66, and acquired 12,000 shares at an average $6.32 between Oct 4, 2021 and Oct 5, 2021. After these transactions the filing shows 56,215 shares held directly.
How many MXC shares does Mccomic hold after this filing?
The filing shows 56,215 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this MXC insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for MXC
Earlier insider filings at MXC
- Oct 5, 2021SEC Form 4: Hardin Stacy D. exercised 5,100 units of MXC COMMON STOCK at a strike of $6.68 and sold $70,763 worth of MXC COMMON STOCK (5,100 units at $13.88), decreasing direct ownership by 37% to 5,849 units
- Oct 5, 2021SEC Form 4: Decker Thomas H sold $82,910 worth of MXC COMMON STOCK (5,000 units at $16.58), decreasing direct ownership by 22% to 18,000 units
- Sep 29, 2021SEC Form 4: Mccomic Tammy exercised 5,000 units of MXC COMMON STOCK at a strike of $5.98 and sold $51,820 worth of MXC COMMON STOCK (5,000 units at $10.36), decreasing direct ownership by 2% to 68,215 units
- Sep 29, 2021SEC Form 4: Banschbach Michael J exercised 4,000 units of MXC COMMON STOCK at a strike of $7.00 and sold $43,546 worth of MXC COMMON STOCK (4,000 units at $10.89), closing all direct ownership in the company
- Jul 27, 2021SEC Form 4 filed by MCCOMIC TAMMY
- Market cap
- 30-day
- Sector
- Energy
- Industry
- Oil & Gas Production
- Listed since
- 2003
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