SEC Form 4 · accession 0001209191-15-014707

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 12, 2015

Accepted (ET)

Feb 17, 2015 · 6:04 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^F1	Feb 13, 2015	S	35,874	$42.2004	D	0	D
Class A Common Stock^F2	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 Stock^F4,F3	—	Feb 12, 2015	J	24,076	D	—	—	Class A Common Stock	24,076	0	I
Class B Common Stock^F5,F3	—	holding	—	—	—	—	—	Class A Common Stock	3,337,531	3,337,531	I
Class B Common Stock^F6,F3	—	holding	—	—	—	—	—	Class A Common Stock	2,131,119	2,131,119	I
Class B Common Stock^F2,F3	—	holding	—	—	—	—	—	Class A Common Stock	442,892	442,892	I

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.0115 to $42.3691, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F2The 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.
F3Class B Common Stock is convertible into Class A Common Stock at any time on a one-for-one basis, and has no expiration date.
F4Represents a change in the custodian for the minor children of the reporting person from the reporting person's spouse to the reporting person's mother. The reporting person no longer holds a beneficial interest in the shares held by the reporting person's mother as custodian for his minor children.
F5The 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.
F6The 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.