INGLES MARKETS INC 4
4 · INGLES MARKETS INC · Filed Sep 12, 2008
Insider Transaction Report
Form 4
INGLES MARKETS INCIMKTA
LANNING JAMES W
DirectorPresident
Transactions
- Other
Class A Common Stock
2008-09-10$25.75/sh−2,000$51,498→ 953,265 total(indirect: By Trust) - Other
Class A Common Stock
2008-09-10$25.29/sh−1,000$25,285→ 966,765 total(indirect: By Trust) - Other
Class A Common Stock
2008-09-10$25.36/sh−1,500$38,043→ 965,265 total(indirect: By Trust) - Other
Class A Common Stock
2008-09-10$25.69/sh−1,303$33,469→ 955,265 total(indirect: By Trust) - Other
Class A Common Stock
2008-09-10$25.62/sh−1,100$28,185→ 961,568 total(indirect: By Trust) - Other
Class A Common Stock
2008-09-10$25.55/sh−1,097$28,025→ 962,668 total(indirect: By Trust) - Other
Class A Common Stock
2008-09-10$25.80/sh−1,300$33,540→ 951,965 total(indirect: By Trust)
Footnotes (2)
- [F1]The reported transactions constitute sales of Class A Common Stock to meet the liquidity needs of the Ingles Markets Investment/Profit Sharing Plan (the "Plan") for making distributions to Plan participants. The number of shares reported as sold and as beneficially owned reflect the total number of shares sold or owned by the Plan for the benefit of all Plan participants. The reporting person is a trustee of the Plan. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose except to the extent of his or her pecuniary interest therein.
- [F2]Mr. Lanning directly held 8,250 shares of Class A Common Stock on September 10, 2008.