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INGLES MARKETS INC — Director's Dealing 2006
Dec 21, 2006
32025_dirs_2006-12-21_63ca8dc2-03ad-4036-9362-6327fe3fa833.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2006-12-19
Reporting Person: INGLES MARKETS INC INVESTMENT/PROFIT SHARING PLAN TRUST (10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2006-12-19 | Class B Common Stock | $0 | S | 43000 | Disposed | Class A Common Stock () | Direct |
Footnotes
F1: Class B Common Stock may be converted to Class A Common Stock at the option of the holder on a 1-for-1 basis with no additional consideration being paid or received.
F2: The reported transaction constitutes a sale of Class B Common Stock by the Ingles Markets Investment/Profit Sharing Plan (the "Plan"). While the Class B Common Stock generally converts to Class A Common Stock upon transfer, because such shares were sold to another holder of Class B Common Stock they did not convert.
F3: Exercisable immediately
F4: None