LANNING JAMES W 4
4 · INGLES MARKETS INC · Filed Dec 14, 2021
Insider Transaction Report
Form 4
INGLES MARKETS INCIMKTA
LANNING JAMES W
DirectorPresident
Transactions
- Conversion
Class B Common Stock
2021-11-26−9,936→ 0 total(indirect: By Trust)→ Class A Common Stock (9,936 underlying) - Conversion
Class A Common Stock
2021-11-26+9,936→ 9,936 total(indirect: By Trust) - Sale
Class A Common Stock
2021-11-26$77.48/sh−9,936$769,841→ 0 total(indirect: By Trust)
Holdings
- 10,000
Class A Common Stock
Footnotes (1)
- [F1]The Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time, at the holder's election, and has no expiration date. On November 26, 2021, the reporting person directed the sale of 9,936 shares of his Class B Common Stock, which were held within the Ingles Markets Inc. Investment/Profit Sharing Plan Trust, resulting in the automatic conversion of the shares into Class A Common Stock upon execution of the sale.