Amended Statement of Beneficial Ownership (sc 13d/a)
September 27 2019 - 2:04PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Amendment
No. 10)*
ALICO,
INC.
(Name
of Issuer)
COMMON
STOCK, par value $0.01 per share
(Title
of Class of Securities)
016230
10-4
(CUSIP
Number)
Remy
W. Trafelet
c/o
Trafelet & Company, LLC
410
Park Avenue, 17th Floor
New
York, New York 10022
(212)
201-7800
(Name,
Address and Telephone Number of Person Authorized to Receive Notices and Communications)
September
13, 2019
(Date
of Event Which Requires Filing of this Statement)
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ].
Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See
§ 240.13d-7(b) for other parties to whom copies are to be sent.
*
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).
SCHEDULE
13D
CUSIP
No. 016230 10-4
1
|
NAME
OF REPORTING PERSONS
Remy
W. Trafelet
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
|
|
(a)
[ ]
|
(b)
[X]
|
3
|
SEC
USE ONLY
|
4
|
SOURCE
OF FUNDS (See Instructions)
Not
Applicable
|
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
USA
|
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
|
7
|
SOLE
VOTING POWER
243,973
(1)
|
8
|
SHARED
VOTING POWER
162,785
(2)
|
9
|
SOLE
DISPOSITIVE POWER
243,973
(1)
|
10
|
SHARED
DISPOSITIVE POWER
162,785
(2)
|
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
406,758
(2)
|
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
[ ]
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.4%
(3)
|
14
|
TYPE
OF REPORTING PERSON (See Instructions)
IN
|
|
(1)
|
106,221
of these shares of Common Stock are held by a limited liability company of which Mr. Trafelet is the sole owner. Mr. Trafelet
disclaims beneficial ownership of the shares held by such limited liability company except to the extent of his pecuniary
interest therein.
|
|
(2)
|
162,785
shares of Common Stock are held by Delta Offshore Master II, LTD (the “Fund”) of which Mr. Trafelet may be considered
to be the indirect beneficial owner by virtue of his position with Trafelet Capital Management, L.P. (“TCM”),
which serves as investment manager to the Fund and, in such capacity, exercises voting and investment control over securities
held for the accounts of the Fund. Mr. Trafelet disclaims beneficial ownership of the Common Stock held by the Fund except
to the extent of his pecuniary interest therein.
|
|
(3)
|
The
percentage of shares of Common Stock was determined using a denominator of 7,476,513 shares of Common Stock outstanding as
of August 2, 2019, as per the Issuer’s Form 10-Q, filed August 6, 2019.
|
SCHEDULE
13D
Introduction.
This
Amendment No. 10 (this “Amendment No. 10”) amends and supplements the Schedule 13D originally filed with the Securities
and Exchange Commission (the “SEC”) on November 29, 2013, as amended by Amendment No. 1 filed with the SEC on December
10, 2014, Amendment No. 2 filed with the SEC on January 16, 2015, Amendment No. 3 filed with the SEC on March 3, 2015, Amendment
No. 4 filed with the SEC on March 30, 2015, Amendment No. 5 filed with the SEC on August 27, 2015, Amendment No. 6 filed with
the SEC on October 12, 2018, Amendment No. 7 filed with the SEC on November 11, 2018, Amendment No. 8 filed with the SEC on December
21, 2018 and Amendment No. 9 filed with the SEC on February 13, 2019 by 734 Investors, LLC, a Delaware limited liability company
(“734 Investors”), 734 Agriculture, LLC, a Delaware limited liability company (“734 Agriculture”) and
Remy W. Trafelet (as amended, the “Schedule 13D”). For purposes of this Amendment No. 10, Mr. Trafelet is the sole
reporting person, and is sometimes referred to as the “Reporting Person.” Except as indicated in this Amendment No.
10, all other information as to the Reporting Person set forth in the Schedule 13D remains unchanged, and capitalized terms used
herein that are not defined herein have the same meanings set forth in the Schedule 13D.
Item
4. Purpose of Transaction
This
Amendment No. 10 reports a change in the percentage of the Reporting Person’s beneficial ownership of the Issuer since the
filing of Amendment No. 9.
Item
5. Interest in Securities of the Issuer
Item
5 of the Schedule 13D is hereby amended and restated as follows:
(a)
|
–
|
(b)
|
Items 7 through
11 and 13 of the cover page of this Amendment No.10 is incorporated herein by reference.
|
|
|
|
|
|
|
(c)
|
Transactions in
respect of the Reporting Person’s beneficial ownership of the Issuer’s Common Stock made since the filing of Amendment
No. 9 are set forth below.
|
|
|
|
|
|
|
|
All of the below
reported transactions were open market sales made on the Nasdaq Stock Market where the Common Stock of the Issuer is publicly
traded. All the transactions were made through a broker dealer.
|
Date of Transaction
|
|
Number of Shares Sold
|
|
|
Average Price
|
|
|
Transaction Cost
|
|
4/10/2019
|
|
|
3,000
|
|
|
$
|
27.70
|
|
|
$
|
82,931
|
|
4/11/2019
|
|
|
657
|
|
|
$
|
27.80
|
|
|
$
|
18,225
|
|
4/22/2019
|
|
|
1,657
|
|
|
$
|
27.35
|
|
|
$
|
45,219
|
|
4/24/2019
|
|
|
3,000
|
|
|
$
|
27.06
|
|
|
$
|
80,984
|
|
5/8/2019
|
|
|
29,579
|
|
|
$
|
27.09
|
|
|
$
|
798,914
|
|
5/9/2019
|
|
|
3,000
|
|
|
$
|
27.00
|
|
|
$
|
80,818
|
|
5/13/2019
|
|
|
8,642
|
|
|
$
|
27.02
|
|
|
$
|
233,002
|
|
5/14/2019
|
|
|
3,200
|
|
|
$
|
27.00
|
|
|
$
|
86,207
|
|
8/28/2019
|
|
|
1,812
|
|
|
$
|
31.10
|
|
|
$
|
56,253
|
|
8/29/2019
|
|
|
500
|
|
|
$
|
31.02
|
|
|
$
|
15,427
|
|
8/30/2019
|
|
|
2
|
|
|
$
|
31.00
|
|
|
$
|
54
|
|
9/9/2019
|
|
|
3,897
|
|
|
$
|
31.09
|
|
|
$
|
120,948
|
|
9/10/2019
|
|
|
5,000
|
|
|
$
|
31.38
|
|
|
$
|
156,621
|
|
9/11/2019
|
|
|
820
|
|
|
$
|
31.85
|
|
|
$
|
26,039
|
|
9/12/2019
|
|
|
4,500
|
|
|
$
|
32.46
|
|
|
$
|
145,849
|
|
9/13/2019
|
|
|
5,000
|
|
|
$
|
32.79
|
|
|
$
|
163,696
|
|
9/16/2019
|
|
|
5,000
|
|
|
$
|
33.38
|
|
|
$
|
166,625
|
|
9/17/2019
|
|
|
5,000
|
|
|
$
|
34.00
|
|
|
$
|
169,755
|
|
Except
as described herein, no other transactions in the Common Stock were effected by the Reporting Person during the 60 days prior
to the date of this Amendment No. 10.
(d)
- (e)
|
Not
applicable.
|
SIGNATURE
After
reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information
set forth in this statement is true, complete and correct.
Dated:
September 27, 2019
|
REMY
W. TRAFELET
|
|
|
|
|
By:
|
/s/
Remy W. Trafelet
|
|
|
Remy
W. Trafelet, Individually
|
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).
Alico (NASDAQ:ALCO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Alico (NASDAQ:ALCO)
Historical Stock Chart
From Apr 2023 to Apr 2024