X0306 4 2019-01-15 0 0000003545 ALICO INC alco 0001589074 Brokaw George R 33 EAST 70TH STREET NEW YORK NY 10021 1 1 0 0 Executive Vice Chairman Alico, Inc., Common Stock, Par Value $1.00 2019-01-15 4 A 0 1009 29.75 A 139993 D Alico, Inc., Common Stock, Par Value $1.00 3180405 I By 734 Investors, LLC Option to Purchase Common Stock 27.15 2016-12-31 4 A 0 37500 0 A 2026-12-31 Alico, Inc., Common Stock, Par Value $1.00 37500 37500 D These shares were granted under the Stock Incentive Plan of 2015. Represents shares owned by 734 Investors, LLC ("734 Investors"). 734 Agriculture, LLC ("734 Agriculture") is the managing member of 734 Investors. Pursuant to a stipulated status quo order agreed to by the parties to a lawsuit in the Delaware Court of Chancery captioned In re 734 Investors, LLC Litigation, Consol. C.A. No. 2018-0844-JTL, 734 Agriculture may not take any actions outside of the ordinary course of business of 734 Investors without the consent of two-thirds of the membership interests of 734 Investors, including exercising any voting rights with respect to any shares of the Issuer's Common Stock beneficially owned by 734 Investors. The Reporting person and Remy W. Trafelet are members of 734 Agriculture. The Reporting Person disclaims beneficial ownership of the Issuer's Common Stock held by 734 Investors except to the extent of his pecuniary interest therein. The option grant will vest if the price of the Company's common stock during a consecutive 20-day trading period exceeds $60.00. George R. Brokaw 2019-01-15