RALLO RICHARD 4
4 · ALICO, INC. · Filed Dec 4, 2019
Insider Transaction Report
Form 4
ALICO, INC.ALCO
RALLO RICHARD
Chief Accounting Officer
Transactions
- Purchase
Option to Purchase Common Stock
2019-10-11+32,000→ 32,000 totalExercise: $33.96Exp: 2026-12-31→ Alico, Inc., Common Stock, Par Value $1.00 (32,000 underlying)
Footnotes (2)
- [F1]The Incentive Stock Options (right to buy) were granted under the Stock Incentive Plan of 2015.
- [F2]The options vest as follows: (i) 25% of the options will vest if the price of the Company's common stock during a consecutive 20-day trading period exceeds $35.00; (ii) 25% of the options will vest if the price of the Company's common stock during a consecutive 20-day trading period exceeds $40.00; (iii) 25% of the options will vest if the price of the Company's common stock during a consecutive 20-day trading period exceeds $45.00 and (iv) 25% of the options will vest if the price of the Company's common stock during a consecutive 20-day trading period exceeds $50.00, in each case subject to (x) the reporting person executing the Company's incentive stock option agreement and (y) the reporting person's continued employment or service with the Company on the applicable vesting date or such date as set forth in the incentive stock option agreement. Any options not vested on or before December 31, 2022 shall be forfeited.