INGLES MARKETS INC — Director's Dealing 2004

Sep 15, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2004-09-13

Reporting Person: DAVEY TIMOTHY A (Vice President - Bakery)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-13	Class A Common Stock	M	5936	$9.5625	Acquired	6936	Direct
2004-09-13	Class A Common Stock	S	2336	$11.65	Disposed	4600	Direct
2004-09-13	Class A Common Stock	S	1500	$11.66	Disposed	3100	Direct
2004-09-13	Class A Common Stock	S	500	$11.67	Disposed	2600	Direct
2004-09-13	Class A Common Stock	S	200	$11.68	Disposed	2400	Direct
2004-09-13	Class A Common Stock	S	400	$11.72	Disposed	2000	Direct
2004-09-13	Class A Common Stock	S	146	$11.73	Disposed	1854	Direct
2004-09-13	Class A Common Stock	S	200	$11.74	Disposed	1654	Direct
2004-09-13	Class A Common Stock	S	400	$11.75	Disposed	1254	Direct
2004-09-13	Class A Common Stock	S	54	$11.76	Disposed	1200	Direct
2004-09-13	Class A Common Stock	S	100	$11.77	Disposed	1100	Direct
2004-09-13	Class A Common Stock	S	100	$11.78	Disposed	1000	Direct
2004-09-14	Class A Common Stock	M	9556	$9.5625	Acquired	10556	Direct
2004-09-14	Class A Common Stock	S	1000	$11.64	Disposed	9556	Direct
2004-09-14	Class A Common Stock	S	4800	$11.66	Disposed	4756	Direct
2004-09-14	Class A Common Stock	S	3056	$11.67	Disposed	1700	Direct
2004-09-14	Class A Common Stock	S	300	$11.68	Disposed	1400	Direct
2004-09-14	Class A Common Stock	S	400	$11.70	Disposed	1000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-13	Employee Stock Option (Right to Buy)	$9.5625	M	5936	Disposed	2005-05-19	Class A Common Stock (5936)	Direct
2004-09-14	Employee Stock Option (Right to Buy)	$9.5625	M	9556	Disposed	2005-05-19	Class A Common Stock (9556)	Direct