ALICO, INC. — Director's Dealing 2003

Nov 14, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (ALCO)
CIK: 0000003545
Period of Report: 2003-11-14

Reporting Person: ALICO INC (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-13	Alico, Inc. Common Stock, Par Value $1.00	M	930	$15.68	Acquired	1230	Direct
2003-11-13	Alico, Inc. Common Stock, Par Value $1.00	M	100	$32.32	Disposed	1130	Direct
2003-11-13	Alico, Inc. Common Stock, Par Value $1.00	M	510	$32.3	Disposed	620	Direct
2003-11-13	Alico, Inc. Common Stock, Par Value $1.00	M	320	$32.2	Disposed	300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-13	Option for Common Stock	$15.68	M	930	Acquired	2013-08-31	Common Stock (930)	Direct
2003-11-13	Option for Common Stock	$15.68	M	930	Disposed	2013-08-31	Common Stock (930)	Direct