Form 4 for ALCO ALICO, INC.
Accepted 2021-12-16 00:00:00 ET · period of report 2021-12-15 · accession 0001209191-21-069951 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-16 | 2021-12-15 | ALCO | RALLO RICHARD | CFO, CAO | M - OptEx | $33.96 | +5,000 | 6,293 | +387% | +$169.8K |
| D | 2021-12-16 | 2021-12-15 | ALCO | RALLO RICHARD | CFO, CAO | M - OptEx | $0.00 | -5,000 | 27.0K | -16% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Alico, Inc., Common Stock, Par Value $1.00 | 2021-12-15 | M | A | 5,000 | $33.96 | 6,293 | D | — | — | |
| 2 | Derivative | Employee stock option (right to buy) | 2021-12-15 | M | D | 5,000 | $0.00 | 27,000 | D | $33.96 · — to 2026-12-31 | 5,000 Common Stock | (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. |