ALICO, INC. — Director's Dealing 2003

Aug 22, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (ALCO)
CIK: 0000003545
Period of Report: 2003-08-21

Reporting Person: ALICO INC (Vice President, Heavy Equip)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-21	Alico, Inc. Common Stock, Par Value $1.00	M	1020	$15.68	Acquired	1020	Direct
2003-08-21	Alico, Inc. Common Stock, Par Value $1.00	M	520	$28	Disposed	500	Direct
2003-08-21	Alico, Inc. Common Stock, Par Value $1.00	M	500	$28.05	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-21	Option for Common Stock	$15.68	M	1020	Acquired	2012-08-31	Common Stock (1020)	Direct
2003-08-21	Option for Common Stock	$15.68	M	1020	Disposed	2012-08-31	Common Stock (1020)	Direct