4//SEC Filing
RALLO RICHARD 4
Accession 0001209191-21-069951
CIK 0000003545other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 4:14 PM ET
Size
7.9 KB
Accession
0001209191-21-069951
Insider Transaction Report
Form 4
ALICO, INC.ALCO
RALLO RICHARD
Chief Accounting Officer
Transactions
- Exercise/Conversion
Alico, Inc., Common Stock, Par Value $1.00
2021-12-15$33.96/sh+5,000$169,800→ 6,293 total - Exercise/Conversion
Employee stock option (right to buy)
2021-12-15−5,000→ 27,000 totalExercise: $33.96Exp: 2026-12-31→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]The options, representing the right to purchase a total of 32,000 shares of the Companys common stock, vest as follows: (i) 25% of the options will vest if the price during a consecutive 20-day trading period exceeds $35.00; (ii) 25% of the options will vest if the price of the during a consecutive 20-day trading period exceeds $40.00; (iii) 25% of the options will vest if the price during a consecutive 20-day trading period exceeds $45.00 and (iv) 25% of the options will vest if the price during a consecutive 20-day trading period exceeds $50.00, in each case subject to (x) the reporting person executing the Companys incentive stock option agreement and (y) the reporting persons continued employment or service with the Company on the applicable vesting date. Options, representing the right to purchase 8,000 of the shares mentioned in the preceding sentence, became exercisable beginning on January 27, 2020. Any options not vested on or before December 31, 2022 shall be forfeited.
Documents
Issuer
ALICO, INC.
CIK 0000003545
Entity typeother
Related Parties
1- filerCIK 0001216998
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 4:14 PM ET
- Size
- 7.9 KB