Kiernan John E 4
4 · ALICO INC · Filed Sep 11, 2018
Insider Transaction Report
Form 4
ALICO INCALCO
Transactions
- Award
Option to purchase Common Stock
2018-09-04+90,000→ 103,000 totalExercise: $33.60From: 2018-09-07Exp: 2026-12-31→ Alico, Inc., Common Stock, Par Value $1.00 (90,000 underlying)
Footnotes (2)
- [F1]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 if such price exceeds $35.00; (ii) 25% of the options will vest during a consecutive 20-trading period if such price exceeds $40.00; (iii) 25% of the options will vest during a consecutive 20-trading period if such price exceeds $45.00; and (iv) 25% of the options will vest during a consecutive 20-trading period if such price exceeds $50.00.
- [F2]Includes an award of 13,000 shares of restricted stock options pursuant to the reporting person's Employment Agreement. As of September 11, 2018, 5,667 options have vested and 7,333 remain eligible to vest.