Home > Insider Trading > Filing (0000003545-18-000086)

Filing Details

Accession Number:: 0000003545-18-000086
Form Type:: 4/A
Zero Holdings:: No
Publication Time:: 2018-10-10 17:13:16
Reporting Period:: 2018-10-03

Accepted Time:: 2018-10-10 17:13:16
Original Submission Date:: 2018-10-05
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
3545	Alico Inc	ALCO	Agricultural Production-Crops (100)	590906081

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1297619	W Remy Trafelet	C/O Trafelet Brokaw Capital Management, 410 Park Avenue, 17Th Floor New York NY 10022	President & Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Alico, Inc., Common Stock, Par Value $1.00	Disposition	2018-10-03	525,052	$34.00	3,180,405	No	4	S	Indirect	By 734 Investors, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By 734 Investors, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Alico, Inc., Common Stock, Par Value $1.00	350,972	Indirect	By RCF 2014
Alico, Inc. Common Stock, Par Value $1.00	270,882	Indirect	By Delta Offshore Master II, LTD
Alico, Inc., Common Stock, Par Value $1.00	20,000	Indirect	By George R. Brokaw
Alico, Inc., Common Stock, Par Value $1.00	372,701	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Alico, Inc., Common Stock	Option to Purchase Common Stock	$33.60	2018-09-07	2026-12-31	210,000	510,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-12-31	210,000	510,000	Direct

Footnotes

This Form 4 amendment is filed to report the updated number of shares of Common Stock accepted by and sold to the Issuer pursuant to an issuer tender offer exempt under Rule 16b-3 as a result of the final proration factor for the issuer's tender offer being different from the previously reported preliminary proration factor. The final proration factor for the Issuer's tender offer is 14.17%
Represents shares owned by 734 Investors, LLC. 734 Agriculture, LLC is the managing member of 734 Investors, LLC. The Reporting Person and George R. Brokaw are members of 734 Agriculture, LLC. The Reporting Person disclaims beneficial ownership of the Issuer's Common Stock held by 734 Investors, LLC except to the extent of his pecuniary interest therein.
These shares were issued as an earn out consideration in connection with the Company's acquisition of 734 Citrus Holdings, LLC ("Silver Nip"). Mr. Trafelet exercises investment control over securities held by RCF Legacy 2014 LLC
Delta Offshore Master II, LTD (the "Fund") owns 270,882 shares of the Company's Common Stock. Trafelet Brokaw Capital Management, L.P. ("TCBM") serves as investment manager to the Fund, and in such capacity, exercises voting and investment control over securities held for the accounts of the Fund. Trafelet & Company, LLC ("TC") serves as the general partner of TBCM. Mr. Trafelet is the managing member of TC and may be deemed to have indirect beneficial ownership for the shares reported herein. Mr. Trafelet disclaims beneficial ownership for the Company's Common Stock held by the Fund except to the extent of his pecuniary interest therein.
George R. Brokaw has entered into an agreement with the Reporting Person to vote his shares as directed by the Reporting Person. The Reporting Person disclaims beneficial ownership of the Company's Common Stock held by George R. Brokaw except to the extent of its pecuniary interest therein.
Represents options granted under the Stock Incentive Plan of 2015. the Option Grants will vest as follows: (i) 25% of the options will vest if the price of the Company's common stock during a consecutive 20-trading period exceeds $35.00; (ii) 25% of the options will vest if such price exceeds $40.00; (iii) 25% of the options will vest if such price exceeds $45.00; and (iv) 25% of the options will vest if such price exceeds $50.00.