SEC Form 4 · accession 0000003545-18-000079
ALICO, INC. · ALCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Henry R Slack
Officer — Executive Chairman · Director
Period of report
Sep 4, 2018
Accepted (ET)
Sep 11, 2018 · 4:23 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 | holding | — | — | — | 10,517 | D | ||
| Alico, Inc., Common Stock, Par Value $1.00F1 | holding | — | — | — | 1,820 | I | By Montac Trust | |
| Alico, Inc., Common Stock, Par Value $1.00F2 | holding | — | — | — | 1,000 | I | By Family Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF3 | $33.60 | Sep 4, 2018 | D | 187,500 | A | Sep 4, 2018 | Dec 31, 2026 | Alico, Inc., Common Stock, Par Value $1.00 | 187,500 | 225,000 | D |
Explanation of responses
- F1Montac Trust, a trust of which Mr. Slack is a beneficiary, holds 1,820 shares of the Company's Common Stock. Mr. Slack disclaims beneficial ownership of the shares held by such trust except to the extent of his pecuniary interest therein.
- F2Two family trusts (the "Family Trusts") directly hold an aggregate of 1,000 shares of the Company's Common Stock. Mr. Slack is not the trustee for the Family Trusts, but his immediate family members are beneficiaries of such trusts. Mr. Slack disclaims beneficial ownership of the shares held by such trust except to the extent of his pecuniary interest therein.
- F3Represents the forfeiture of stock options granted under the Stock Incentive Plan of 2015 to the reporting person on December 31, 2016 that were eligible to vest based on certain financial performance objectives. On September 4, 2018, the reporting person forfeited 187,500 options.