Hilton H. Howell Jr - Apr 10, 2023 Form 4 Insider Report for GRAY TELEVISION INC (GTN)

Role
Chairman, President & CEO, Director
Signature
/s/ Ginger Davis by Power of Attorney
Stock symbol
GTN
Transactions as of
Apr 10, 2023
Transactions value $
$5,832,007
Form type
4
Date filed
4/12/2023, 06:40 PM
Previous filing
Feb 14, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Class A Common Stock Award $5.83M +714K +44.7% $8.17 2.31M Apr 10, 2023 Direct F1
holding GTN Class A Common Stock 81.6K Apr 10, 2023 Spouse
holding GTN Class A Common Stock 500 Apr 10, 2023 Children
holding GTN Class A Common Stock 999K Apr 10, 2023 Trust F/B/O Children
holding GTN Common Stock 833K Apr 10, 2023 Trust F/B/O Children
holding GTN Common Stock 618K Apr 10, 2023 Direct
holding GTN Common Stock 59.6K Apr 10, 2023 Spouse
holding GTN Common Stock 11.2K Apr 10, 2023 By 401(k) plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock, one half of which vests in equal annual installments on each of February 29, 2024, February 28, 2025, February 28, 2026, and the other half of which vests, subject to the satisfaction of certain performance criteria, on February 28, 2026.
F2 The employee 401(k) plan is denominated in units, representing ownership interests in a fund that includes both Gray common stock and a reserve of cash. The information reported represents the dollar value of the reporting person's balance in the 401(k) plan as of April 10, 2023, as reported by the plan administrator, divided by the closing price of Gray common stock on that date.