D. Patrick LaPlatney - Jun 15, 2021 Form 4 Insider Report for GRAY TELEVISION INC (GTN)

Role
Director
Signature
/s/ Dottie Boudreau by Power of Attorney
Stock symbol
GTN
Transactions as of
Jun 15, 2021
Transactions value $
-$904,200
Form type
4
Date filed
6/16/2021, 06:26 PM
Next filing
Jun 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Common Stock Sale -$452K -20K -4.54% $22.62 421K Jun 14, 2021 Direct F1, F2
transaction GTN Common Stock Sale -$452K -20K -4.75% $22.59 401K Jun 15, 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is the weighted average sale price for multiple open market sales on 06/14/2021. The sales price of each transaction ranged from $22.47 to $22.89 per share, inclusive. The reporting person undertakes to provide to Gray Television, Inc., any security holder of Gray Television, Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2 Shares sold pursuant to a Rule 10b5-1 plan adopted by Mr. LaPlatney on May 12, 2021. After this sale and as of the date of this filing, Mr. LaPlatney continues to hold stock, and unvested restricted stock (GTN) that have an aggregate market value exceeding five times his annual salary.
F3 This is the weighted average sale price for multiple open market sales on 06/15/2021. The sales price of each transaction ranged from $22.37 to $22.72 per share, inclusive. The reporting person undertakes to provide to Gray Television, Inc., any security holder of Gray Television, Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.