Robin Robinson Howell - 10 Apr 2023 Form 4 Insider Report for GRAY TELEVISION INC (GTN)

Role
Director
Signature
/s/ Ginger Davis by Power of Attorney
Issuer symbol
GTN
Transactions as of
10 Apr 2023
Net transactions value
+$5,832,007
Form type
4
Filing time
12 Apr 2023, 18:40:15 UTC
Previous filing
14 Feb 2023
Next filing
08 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Class A Common Stock Award $5,832,007 +713,832 +45% $8.17 2,310,695 10 Apr 2023 Spouse F1
holding GTN Class A Common Stock 999,000 10 Apr 2023 Trust F/B/O Children
holding GTN Class A Common Stock 81,635 10 Apr 2023 Direct
holding GTN Class A Common Stock 500 10 Apr 2023 Children
holding GTN Common Stock 59,584 10 Apr 2023 Direct
holding GTN Common Stock 11,209 10 Apr 2023 By Spouse's 401(k) plan F2
holding GTN Common Stock 617,609 10 Apr 2023 Spouse
holding GTN Common Stock 832,500 10 Apr 2023 Trust F/B/O Children
* 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.