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ALICO INC

For the period ended Jan 12, 2024. Filed Jan 12, 2024.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Jan 12, 2024 · Filed Jan 12, 2024

ALCO$37.09-0.3%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

(Rule 14a-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No. )

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Check the appropriate box:

Preliminary Proxy Statement

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Definitive Proxy Statement

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NOTICE & PROXY

STATEMENT

Annual Meeting of Shareholders

February 23, 2024

9:30 a.m. (Eastern time)

10070 DANIELS INTERSTATE COURT

FORT MYERS, FLORIDA 33913

January 12, 2024

To Our Shareholders:

You are cordially invited to attend the 2024 Annual Meeting of Shareholders (the “Annual Meeting”) of Alico, Inc. at 9:30 a.m. Eastern time, on Friday, February 23, 2024. The Annual Meeting will be a completely virtual meeting, which will be conducted via live webcast.

The Notice of Meeting and Proxy Statement on the following pages describe the matters to be presented at the Annual Meeting. Please see the section called “Who can attend the Annual Meeting?” on page 4 of the proxy statement for more information about how to attend the meeting online.

Whether or not you attend the Annual Meeting online, it is important that your shares be represented and voted at the Annual Meeting. Therefore, I urge you to promptly vote and submit your proxy by phone, via the Internet, or, if you received paper copies of these materials, by signing, dating and returning the enclosed proxy card in the enclosed envelope, which requires no postage if mailed in the United States. If you have previously received our Notice of Internet Availability of Proxy Materials, then instructions regarding how you can vote are contained in that notice. If you have received a proxy card, then instructions regarding how you can vote are contained on the proxy card. If you decide to attend the Annual Meeting, you will be able to vote online, even if you have previously submitted your proxy.

Thank you for your support.

Sincerely,

/s/ Bradley Heine

Chief Financial Officer

TABLE OF CONTENTS

Proxy Statement1
Proposal 1: Election of Directors8
Proposal 2: Ratification of the Selection of Grant Thornton LLP as Our Independent Registered Public Accounting Firm16
Proposal 3: Approval, on an Advisory (Non-Binding) Basis, of the Compensation of Our Named Executive Officers18
Audit Committee Report19
Executive Officers21
Corporate Governance Matters23
Committees of the Board of Directors26
Director Compensation30
Compensation Committee Report31
Compensation Discussion and Analysis31
Executive Compensation37
Grants of Plan-Based Awards in Fiscal Year 202339
Outstanding Equity Awards at Fiscal Year End 202343
Option Exercises and Stock Vested in Fiscal Year 202344
Nonqualified Deferred Compensation44
Security Ownership of Certain Beneficial Owners and Management54
Certain Relationships and Related Party Transactions57
Other Matters58
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.