INGLES MARKETS INC — Director's Dealing 2021

Dec 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2021-11-26

Reporting Person: LANNING JAMES W (Director, CEO, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-26	Class A Common Stock	C	9936	—	Acquired	9936	Indirect
2021-11-26	Class A Common Stock	S	9936	$77.48	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-26	Class B Common Stock	$	C	9936	Disposed		Class A Common Stock (9936)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	10000	Direct

Footnotes

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.