SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LANNING JAMES W
(Last) (First) (Middle)
2913 US HIGHWAY 70 WEST
(Street)
BLACK MOUNTAIN NC 27811
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INGLES MARKETS INC [ IMKTA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) X Other (specify below)
President / Profit Sharing Plan Trustee
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/04/2007		 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock ( 2 ) 04/02/2007 J ( 1 ) 700 D $40.77 118,430 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 800 D $40.73 117,630 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,000 D $40.45 116,630 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 400 D $41.15 116,230 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 3,800 D $41.34 112,430 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 400 D $41.26 112,030 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,146 D $41.2588 110,884 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 2,500 D $41.236 108,384 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,500 D $41.2207 106,884 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,100 D $41.22 105,784 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,000 D $41.214 104,784 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 2,500 D $41.2025 102,284 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,278 D $41.2 101,006 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 400 D $41.1925 100,606 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 700 D $41.19 99,906 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 900 D $41.1789 99,006 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,200 D $41.1707 97,806 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,000 D $41.159 96,806 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 854 D $41.1476 95,952 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,200 D $41.1475 94,752 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,400 D $41.14 93,352 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 515 D $41.1389 92,837 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,261 D $41.1242 91,576 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,500 D $41.1213 90,076 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 873 D $41.1148 89,203 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 627 D $41.0622 88,576 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 1,000 D $41.0434 87,576 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 846 D $41.013 86,730 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 600 D $41.745 86,130 I Employee Benefit Plan Trustee ( 1 )
Class A Common Stock 04/02/2007 J ( 1 ) 740 D $40.6954 85,390 I Employee Benefit Plan Trustee ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The reported transactions constitute sales of Class A Common Stock to meet the liquidity needs of the Ingles Markets Investment/Profit Sharing Plan (the "Plan") for making distributions to Plan participants. The number of shares reported as sold and as beneficially owned reflect the total number of shares sold or owned by the Plan for the benefit of all Plan participants. The reporting person is a trustee of the Plan. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose except to the extent of his or her pecuniary interest therein.
2. The prices of certain trades made on April 2, 2007 were incorrect on the original Form 4 and all trades made on that date were as set forth in this amendment. Information regarding trades made on March 30, 2007 that were reported on the same form are not being amended.
/s/James W. Lanning, By: James W. Lanning 04/16/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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