ALICO, INC. — Director's Dealing 2022

May 27, 2022

SEC Form 4/A — Form 4/A

Issuer: ALICO, INC. (ALCO)
CIK: 0000003545
Period of Report: 2019-10-11

Reporting Person: Sampel James (Chief Information Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-11	Option to purchase common stock	$33.96	A	12000	Acquired	2026-12-31	Alico, Inc., Common Stock, Par Value $1.00 (12000)	Direct

Footnotes

F1: The Incentive Stock Options (right to buy) were granted under the Stock Incentive Plan of 2015.

F2: The original Form 4 filed on December 29, 2020, is being amended by this Form 4 amendment solely to correct the number of stock options issued to Reporting Person and the corresponding number of underlying securities. The actual number of stock options issued to Reporting Person was 12,000 (as opposed to 16,000).

F3: The options vest as follows: (i) 25% of the options will vest if the price of the Companys common stock during a consecutive 20-day trading period exceeds $35.00; (ii) 25% of the options will vest if the price of the Companys common stock during a consecutive 20-day trading period exceeds $40.00; (iii) 25% of the options will vest if the price of the Companys common stock during a consecutive 20-day trading period exceeds $45.00 and (iv) 25% of the options will vest if the price of the Companys common stock 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 or such date as set forth in the incentive stock option agreement. Any options not vested on or before December 31, 2022 shall be forfeited.