Jackson S. Cowart IV - Mar 1, 2023 Form 4 Insider Report for GRAY TELEVISION INC (GTN)

Signature
/s/ Ginger Davis by Power of Attorney
Stock symbol
GTN
Transactions as of
Mar 1, 2023
Transactions value $
-$34,604
Form type
4
Date filed
3/3/2023, 05:01 PM
Previous filing
May 20, 2022
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Gray Common Stock - GTN Tax liability -$19.3K -1.68K -48.15% $11.50 1.81K Mar 1, 2023 Direct
transaction GTN Gray Common Stock - GTN Award $0 +10K +555.7% $0.00 11.9K Mar 1, 2023 Direct F2
transaction GTN Gray Common Stock - GTN Tax liability -$15.3K -1.33K -9.49% $11.50 12.7K Mar 1, 2023 Held by Spouse F3
transaction GTN Gray Common Stock - GTN Award $0 +7.96K +62.75% $0.00 20.6K Mar 1, 2023 Held by Spouse F2, F3
holding GTN Gray Common Stock - GTN 12.3K Mar 1, 2023 By 401(k) Plan F1
holding GTN Gray Class A Common Stock - GTN.A 302 Mar 1, 2023 Held by Spouse F3
holding GTN Gray Class A Common Stock - GTN.A 20 Mar 1, 2023 By 401(k) Plan F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Employee 401(k) plan is a unitized plan whereas employee investments are held in units rather than shares. Amount estimates shares owned by dividing cash investment by closing stock price on the last trading prior to filing this report.
F2 Represents a grant of restricted stock, which vests in full on March 1, 2024.
F3 In addition to shares held in spouses investment account, the amount also includes 401(k) plan which is a unitized plan whereas employee investments are held in units rather than shares. 401(k) amount estimates shares owned by dividing cash investments by the closing stock price on the last trading day prior to filing this report.