SEC Form 4 · accession 0001209191-15-011569
INGLES MARKETS INC · IMKTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert P Ingle II
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 6:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000050493
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 6, 2015 | M | 130,874 | $0.00 | A | 130,874 | D | |
| Class A Common StockF1 | holding | — | — | — | 114,332 | I | By Profit Sharing Plan Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2 | — | Feb 6, 2015 | M | 130,874 | D | — | — | Class A Common Stock | 130,874 | 0 | D |
| Class B Common StockF3,F4,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 3,337,531 | 3,337,531 | I |
| Class B Common StockF5,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 2,131,119 | 2,131,119 | I |
| Class B Common StockF1,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 442,892 | 442,892 | I |
| Class B Common StockF6,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 24,076 | 24,076 | I |
Explanation of responses
- F1The shares are held by Ingles Markets Inc. Investment/Profit Sharing Plan Trust (the "Profit Sharing Plan Trust"), of which the reporting person was appointed a trustee on May 10, 2011. The reporting person shares voting and dispositive power with the two other trustees of the Profit Sharing Plan Trust with respect to such shares.
- F2Class B Common Stock is convertible into Class A Common Stock at any time on a one-for-one basis, and has no expiration date.
- F3Includes 300,570 shares previously held by the Laura Ingle Trust, as defined in footnote (5).
- F4The shares are held by Robert P. Ingle, Sr. Administrative Trust UTA Robert Pierce Ingle Living Trust dated December 24, 2010 (the "Marital Trust"), which was created by Robert P. Ingle, Sr. for estate planning purposes on December 24, 2010. The reporting person is the sole trustee of the Marital Trust with sole voting and dispositive power with respect to such shares.
- F5The shares are held by Laura Anne Laxton Ingle 2011 Irrevocable Trust dated September 8, 2011 (the "Laura Ingle Trust"), which was created by Laura Ingle for estate planning purposes on September 8, 2011. The reporting person is the sole trustee of the Laura Ingle Trust with sole voting and dispositive power with respect to such shares.
- F6The shares are held by the reporting person's spouse as custodian for the minor children of the reporting person.