X0306 4 2018-09-04 0 0000003545 ALICO INC ALCO 0001644122 Kiernan John E 110 CROTON AVENUE MOUNT KISCO NY 10549 0 1 0 0 Executive Vice President & CFO Option to purchase Common Stock 33.6 2018-09-04 4 A 0 90000 0 A 2018-09-07 2026-12-31 Alico, Inc., Common Stock, Par Value $1.00 90000 103000 D Represents options granted under the Stock Incentive Plan of 2015. The Option Grants will vest as follows: (i) 25% of the options will vest if the price of the Company's common stock during a consecutive 20-trading period if such price exceeds $35.00; (ii) 25% of the options will vest during a consecutive 20-trading period if such price exceeds $40.00; (iii) 25% of the options will vest during a consecutive 20-trading period if such price exceeds $45.00; and (iv) 25% of the options will vest during a consecutive 20-trading period if such price exceeds $50.00. Includes an award of 13,000 shares of restricted stock options pursuant to the reporting person's Employment Agreement. As of September 11, 2018, 5,667 options have vested and 7,333 remain eligible to vest. John E. Kiernan 2018-09-11