SEC Form 4 · accession 0000003545-16-000135
ALICO, INC. · ALCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clayton G Wilson
Officer — CEO & President · Director
Period of report
Mar 23, 2016
Accepted (ET)
Mar 24, 2016 · 1:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000003545
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Alico, Inc., Common Stock, Par Value $1.00 | Mar 23, 2016 | A | 4,500 | $0.00 | A | 60,824 | D | |
| Alico, Inc., Common Stock, Par Value $1.00F1 | holding | — | — | — | 215,572 | I | BY Rio Verde Ventures, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1215,572 shares were issued to Rio Verde Ventures, LLC in connection with the Company's acquisition of 734 Citrus Holdings, LLC. Mr. Wilson is the Manager of Rio Verde Ventures, LLC. Mr. Wilson disclaims beneficial ownership of the Company's common Stock held by Rio Verde Ventures, LLC except to the extent of his pecuniary interest therein.
Remarks
These restricted stock units are scheduled to vest 100% on June 1, 2010, subject to terms of the agreement upon the occurrence of death, termination of service on change of control prior to scheduled vesting. These shares were issued under the Stock Incentive Plan of 2015.