ALICO, INC. — Major Shareholding Notification 2021

Mar 5, 2021

SC 13G 1 d150295dsc13g.htm SC 13G SC 13G

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2

**(Amendment No. ) ***

Alico, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

016230104

(CUSIP Number)

February 24, 2021

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ).

CUSIP No. 016230104 13G Page 1 of 5 Pages

1.	NAMES OF REPORTING PERSONS Thomas A. Satterfield, Jr.
2.	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (a) ☐ (b) ☐
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF
ORGANIZATION United States of
America

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER 40,000
6.	SHARED VOTING POWER 344,786
7.	SOLE DISPOSITIVE POWER 40,000
8.	SHARED DISPOSITIVE POWER 344,786

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 384,786
10.	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11.	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 5.1%*
12.	TYPE OF REPORTING
PERSON IN

• Based on 7,513,413 shares of common stock of the issuer outstanding as of February 2, 2021, as reported by the issuer in its Quarterly Report on Form 10-K for the fiscal quarter ended December 31, 2020, filed with the Securities and Exchange Commission on February 4, 2021.

CUSIP No. 040712101 13G Page 2 of 5 Pages

SCHEDULE 13G

ITEM 1.

(a) Name of Issuer:

Alico, Inc.

(b) Address of Issuer’s Principal Executive Offices:

10070 Daniels Interstate Court

Suite 100

Fort Myers, Florida 33913

ITEM 2.

(a) Name of Person Filing:

Thomas A. Satterfield, Jr.

(b) Address of Principal Business Office or, if none, Residence:

Thomas A. Satterfield

2609 Caldwell Mill Lane

Birmingham, Alabama 35243

(c) Citizenship:

Incorporated by reference from Item 4 of the Cover Pages.

(d) Title of Class of Securities:

Incorporated by reference from the Cover Pages.

(e) CUSIP Number:

Incorporated by reference from the Cover Pages.

ITEM 3. If this statement is filed pursuant to §§ 240.13d-1(b) or §§ 240.13d-2(b) or (c), check whether the person filing is a:

Not Applicable.

ITEM 4. Ownership.

(a) Amount beneficially owned:

Incorporated by reference from Item 9 of the Cover Pages.

(b) Percent of class:

Incorporated by reference from Item 11 of the Cover Pages.

CUSIP No. 040712101 13G Page 3 of 5 Pages

(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote

Incorporated by reference from Item 5 of the Cover Pages.

(ii) Shared power to vote or to direct the vote

Incorporated by reference from Item 6 of the Cover Pages.

(iii) Sole power to dispose or to direct the disposition of

Incorporated by reference from Item 7 of the Cover Pages.

(iv) Shared power to dispose or to direct the disposition of

Incorporated by reference from Item 8 of the Cover Pages.

ITEM 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐.

ITEM 6. Ownership of More than Five Percent on Behalf of Another Person.

With respect to the beneficial ownership reported for Thomas A. Satterfield, Jr., 2,500 shares are held jointly with Rebecca S. Satterfield, Mr. Satterfield’s spouse; 50,636 shares are held by Tomsat Investment & Trading Co., Inc., a corporation wholly owned by Mr. Satterfield and of which he serves as President; 135,000 shares are held by Caldwell Mill Opportunity Fund, LLC which fund is managed by an entity of which Mr. Satterfield owns a 50% interest and serves as Chief Investment Manager; and 105,000 shares are held by A.G. Family L.P., a partnership managed by a general partner controlled by Mr. Satterfield.

Additionally, Mr. Satterfield has limited powers of attorney for voting and disposition purposes with respect to the following shares: Thomas A. Satterfield, Sr. (16,000 shares); Riachuelo Farm & Ranch LP (400 shares); Christy Beard (800 shares); Paula and Gene Colley (1,000 shares); Glenna and Jessee Colley (1,000 shares); Parker Little (300 shares); Lola Little (250 shares); John Hulsey (400 shares); Rita Brock (6,000 shares); Jeanette S. Kaiser (12,000 shares); Richard W. Kaiser (2,500 shares); Henry Beck (2,000 shares); David A. Satterfield (8,000 shares); and Parker Satterfield (1,000 shares). These individuals and entities have the right to receive or the power to direct the receipt of the proceeds from the sale of their respective shares.

ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable.

ITEM 8. Identification and Classification of Members of the Group.

Not Applicable.

CUSIP No. 040712101 13G Page 4 of 5 Pages

ITEM 9. Notice of Dissolution of Group.

Not Applicable.

ITEM 10. Certifications.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

CUSIP No. 040712101 13G Page 5 of 5 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

March 5, 2021
Date
/s/ Thomas A. Satterfield, Jr.
Thomas A. Satterfield, Jr.