John E. Kiernan - Dec 23, 2024 Form 4 Insider Report for ALICO, INC. (ALCO)

Role
President and CEO, Director
Signature
John E. Kiernan
Stock symbol
ALCO
Transactions as of
Dec 23, 2024
Transactions value $
$0
Form type
4
Date filed
12/23/2024, 04:04 PM
Previous filing
Jun 17, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALCO Performance-Based Restricted Units Award $0 +38K $0.00 38K Dec 23, 2024 Alico, Inc., Common Stock, Par Value $1.00 38K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance-based restricted unit ("PRSU") represents a contingent right to receive one share of Alico, Inc. common stock. The PRSUs will vest if the 30-day average closing price of Alico's common stock exceeds certain stock price thresholds on or prior to September 30, 2027, subject to additional time-based vesting requirements.