Hilton H. Howell Jr - Feb 14, 2024 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
Feb 14, 2024
Transactions value $
$6,506,749
Form type
4
Date filed
2/16/2024, 07:00 PM
Previous filing
Feb 2, 2024
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Class A Common Stock Award $6.51M +788K +34.84% $8.26 3.05M Feb 14, 2024 Direct F1
holding GTN Class A Common Stock 81.6K Feb 14, 2024 Spouse
holding GTN Class A Common Stock 500 Feb 14, 2024 Children
holding GTN Class A Common Stock 999K Feb 14, 2024 Trust F/B/O Children
holding GTN Common Stock 833K Feb 14, 2024 Trust F/B/O Children
holding GTN Common Stock 618K Feb 14, 2024 Direct
holding GTN Common Stock 81.2K Feb 14, 2024 Spouse
holding GTN Common Stock 14.2K Feb 14, 2024 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 28, 2025, February 28, 2026, February 28, 2027, and the other half of which vests, subject to the satisfaction of certain performance criteria, on later of (i) the date the Compensation Committee of the Board of Directors of Gray Television, Inc. certifies the performance criteria have been satisfied and (ii) February 28, 2027.
F2 Holdings under the 401(k) Plan have been updated to reflect the reporting person's current balance in the 401(k) Plan.