ALICO, INC. — Director's Dealing 2019

Nov 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (ALCO)
CIK: 0000003545
Period of Report: 2019-11-20

Reporting Person: TRAFELET REMY W (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-20	Alico, Inc., Common Stock, Par Value $1.00	S	1000	$33.27	Disposed	920106	Direct
2019-11-22	Alico, Inc., Common Stock, Par Value $1.00	S	7588	$33.58	Disposed	912518	Direct

Footnotes

F1: Between November 20, 2019 and November 22, 2019, Mr. Trafelet sold 8,588 shares of the Common Stock.

F2: 106,221 of these shares of Common Stock are held by a limited liability company of which Mr. Trafelet is the sole owner. Mr. Trafelet disclaims beneficial ownership of the shares held by such limited liability company except to the extent of his pecuniary interest therein.

F3: 162,785 of these shares of Common Stock are held by Delta Offshore Master II, LTD (the "Fund") of which Mr. Trafelet may be considered to be the indirect beneficial owner by virtue of his position with Trafelet Capital Management, L.P. ("TCM"), which serves as investment manager to the Fund and, in such capacity, exercises voting and investment control over securities held for the accounts of the Fund. Mr. Trafelet disclaims beneficial ownership of the Common Stock held by the Fund except to the extent of his pecuniary interest therein.