SEC Form 4 · accession 0001209191-18-054366
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
734 Agriculture, LLC
Director · 10% Owner
Period of report
Oct 3, 2018
Accepted (ET)
Oct 5, 2018 · 4:22 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 3, 2018 | S | 524,795 | $34.00 | D | 3,180,662 | I | By 734 Investors, LLC |
| Common StockF3 | holding | — | — | — | 20,000 | I | By George R. Brokaw |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents sale of shares to Issuer pursuant to an issuer tender offer exempt under Rule 16b-3. On Oct. 4, 2018, Issuer announced that Issuer's tender offer expired at the end of the day on Oct. 3, 2018 and was oversubscribed and that the preliminary proration factor, which may be modified, was approximately 14.16%. The number of shares shown as sold is based on application of this preliminary proration factor. The final number of shares to be purchased pursuant to Issuer's tender offer by applying the final proration factor will be announced following completion of such determinations by the depositary. Upon such final announcement, if the actual number of shares purchased by Issuer that are to be reported by the Reporting Person is different from what is reported in this filing, the Reporting Person will file an amendment to this Form 4 reporting the updated number of shares sold in the tender offer and the updated remaining number beneficially owned thereafter.
- F2The Reporting Person is the managing member of 734 Investors, LLC. The Reporting Person disclaims beneficial ownership of the Common Stock held by 734 Investors, LLC except to the extent of its pecuniary interest therein.
- F3George R. Brokaw has entered into an agreement with 734 Investors, LLC to vote his shares as directed by the 734 Investors, LLC. The Reporting Person disclaims beneficial ownership of the Company's Common Stock held by George R. Brokaw except to the extent of its pecuniary interest therein.