ALICO, INC. — Major Shareholding Notification 2023

May 2, 2023

SC 13G 1 formsc13g.htm

Field: Rule-Page

Field: /Rule-Page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. N/A)*

| ALICO,
INC. |
| --- |
| (Name
of Issuer) |
| Common
Stock |
| (Title
of Class of Securities) |
| 016230104 |
| (CUSIP
Number) |
| April
10, 2023 |
| (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 disclosures provided in a prior cover page.

The information required on 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).

Field: Rule-Page

Field: /Rule-Page

Field: Page; Sequence: 1; Options: NewSection; Value: 2

CUSIP No. 016230104 13G Page 2 of 6 Pages

Field: /Page

| 1. | NAMES
OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Remy W. Trafelet |
| --- | --- |
| 2 . | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (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 0 |
| --- | --- |
| 6 . | SHARED
VOTING POWER 387,711 |
| 7 . | SOLE
DISPOSITIVE POWER 0 |
| 8 . | SHARED
DISPOSITIVE POWER 387,711 |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 387,711 |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see
instructions) ☐ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1%* |
| 12. | TYPE
OF REPORTING PERSON (see instructions) IA |

Field: Page; Sequence: 2; Value: 2

CUSIP No. 016230104 13G Page 3 of 6 Pages

Field: /Page

Item 1.

| (a) | Name
of Issuer Alico,
Inc. |
| --- | --- |
| (b) | Address
of Issuer’s Principal Executive Offices 10070
Daniels Interstate Court Suite. 100 Fort
Myers, FL, 33913 |

Item 2.

| (a) | Name
of Person Filing Remy
W. Trafelet |
| --- | --- |
| (b) | Address
of the Principal Office or, if none, residence 231
Royal Palm Way Palm Beach, FL 33480 |
| (c) | Citizenship United
States of America |
| (d) | Title
of Class of Securities Common
Stock, $1.00 par value |
| (e) | CUSIP
Number 016230104 |

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: N/A

Field: Page; Sequence: 3; Value: 2

CUSIP No. 016230104 13G Page 4 of 6 Pages

Field: /Page

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

| (a) | Amount
beneficially owned: 387,711 shares | |
| --- | --- | --- |
| (b) | Percent
of class: 5.1% | |
| (c) | Number
of shares as to which the person has: | |
| | (i) | Sole
power to vote or to direct the vote 0. |
| | (ii) | Shared
power to vote or to direct the vote 387,711 shares. |
| | (iii) | Sole
power to dispose or to direct the disposition of 0. |
| | (iv) | Shared
power to dispose or to direct the disposition of 387,711 shares. |

• The Common Stock (the “Shares”) of Alico, Inc., reported herein are held by the Remy W. Trafelet Revocable Trust (the “Trust”) of which Remy Trafelet is the sole trustee and by Delta Master II, LP (the “Fund”) in which Mr. Trafelet may be considered to be the indirect beneficial owner by virtue of his ownership of the Trust and 3584 Inc., both of which control the Fund.

Mr. Trafelet disclaims beneficial ownership of the Shares held by the Trust and the Fund except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the reporting persons, the Fund, the Trust or any other person are beneficial owners of the Shares for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the reporting persons herein disclaims beneficial ownership of the Shares reported herein except to the extent of the reporting person’s pecuniary interest therein.

The percentages herein are calculated based upon a statement in the Issuer’s Quarterly Report on From 10-Q filed on February 6, 2023 for the quarter end on December 31, 2022 that there 7,559,492 Shares of Common Stock issued and outstanding as of February 3, 2023.

Field: Page; Sequence: 4; Value: 2

CUSIP No. 016230104 13G Page 5 of 6 Pages

Field: /Page

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 five percent of the class of securities, check the following ☐.

N/A

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

N/A

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

N/A

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

If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d- 1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.

N/A

Item 9. Notice of Dissolution of Group.

Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.

N/A

Item 10. Certification.

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.

Field: Page; Sequence: 5; Value: 2

CUSIP No. 016230104 13G Page 6 of 6 Pages

Field: /Page

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.

5/02/2023
Date
/s/
Remy W. Trafelet
Signature
Remy
W. Trafelet, Individually
Name/Title

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

Field: Page; Sequence: 6; Options: Last

Field: /Page