SEC Form 4 · accession 0001209191-16-156826
INGLES MARKETS INC · IMKTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharp Laura Ingle
Director
Period of report
Dec 23, 2016
Accepted (ET)
Dec 27, 2016 · 4:55 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 StockF1 | Dec 23, 2016 | M | 10,000 | $0.00 | A | 10,000 | D | |
| Class A Common StockF2 | Dec 23, 2016 | S | 5,000 | $49.0491 | D | 5,000 | D | |
| Class A Common StockF3 | holding | — | — | — | 686 | I | By Minor Children |
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 StockF1,F4 | — | Dec 23, 2016 | M | 10,000 | D | — | — | Class A Common Stock | 10,000 | 137,700 | D |
| Class B Common StockF3,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 2,025 | 2,025 | I |
Explanation of responses
- F1Class B Common Stock may be converted to Class A Common Stock on a 1-for-1 basis without additional consideration.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.00 to $49.25, inclusive. The reporting person undertakes to provide to Ingles Markets, Incorporated(the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, 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.
- F3The shares are held by the reporting person's minor children.
- F4Class B Common Stock is convertible into Class A Common Stock at any time on a one-for-one basis, and has no expiration date.