Lanning James W's Form 4 filing
Ingles Markets Inc (IMKTA) · filed Dec 14, 2021
- Accession no.
- 0001249480-21-000003
- Filed
- Dec 14, 2021
- Trade date
- Nov 26, 2021
- Filing delay
- 18 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $769.8K. It was filed 18 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Lanning James WCIK 0001249480 | Director, Officer (CEO, President and COO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 26, 2021 | Class A Common Stock | CConversionAcquired | +9,936 | –F1 | – | 9,936 | Indirect | |
| Nov 26, 2021 | Class A Common Stock | SSaleDisposed | −9,936 | $77.48 | −$769,841.28 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 26, 2021 | Class A Common Stock | CConversionDisposed | −9,936 | $0.00 | $0 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I.