4//SEC Filing
Sampel James 4
Accession 0001209191-22-032195
CIK 0000003545other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 4:20 PM ET
Size
9.9 KB
Accession
0001209191-22-032195
Insider Transaction Report
Form 4
ALICO, INC.ALCO
Sampel James
Chief Information Officer
Transactions
- Sale
Alico, Inc., Common Stock, Par Value $1.00
2022-05-24$42.00/sh−3,000$126,000→ 991 total - Exercise/Conversion
Employee stock option (right to buy)
2022-05-24−3,000→ 9,000 totalExercise: $33.96Exp: 2026-12-31→ Common Stock (3,000 underlying) - Exercise/Conversion
Alico, Inc., Common Stock, Par Value $1.00
2022-05-24$33.96/sh+3,000$101,880→ 3,991 total
Footnotes (2)
- [F1]The options, representing the right to purchase a total of 12,000 shares, vest as follows: (i) 25% of the options will vest if the price of the Companys common stock during a consecutive 20-day trading period exceeds $35.00; (ii) 25% of the options will vest if the price of the Companys common stock during a consecutive 20-day trading period exceeds $40.00; (iii) 25% of the options will vest if the price of the Companys 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 Companys common stock 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 or such date as set forth in the incentive stock option agreement.
- [F2]Due to the 1000 character limit, Footnote 2 is a continuation of Footnote 1: Of the options mentioned in the preceding sentence, options representing the right to purchase 3,000 shares became exercisable on January 27, 2020; and the exercise of the options representing the right to purchase such 3,000 shares is reflected in the transaction reported in this Form 4 filing. Any of the remaining 9,000 options not vested on or before December 31, 2022 shall be forfeited.
Documents
Issuer
ALICO, INC.
CIK 0000003545
Entity typeother
Related Parties
1- filerCIK 0001799493
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 4:20 PM ET
- Size
- 9.9 KB