Robin Robinson Howell - 14 Feb 2024 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
14 Feb 2024
Net transactions value
+$6,506,749
Form type
4
Filing time
16 Feb 2024, 19:00:18 UTC
Previous filing
02 Feb 2024
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Class A Common Stock Award $6,506,749 +787,742 +35% $8.26 3,049,023 14 Feb 2024 Spouse F1
holding GTN Class A Common Stock 999,000 14 Feb 2024 Trust F/B/O Children
holding GTN Class A Common Stock 81,635 14 Feb 2024 Direct
holding GTN Class A Common Stock 500 14 Feb 2024 Children
holding GTN Common Stock 81,226 14 Feb 2024 Direct
holding GTN Common Stock 14,232 14 Feb 2024 By Spouse's 401(k) plan F2
holding GTN Common Stock 617,609 14 Feb 2024 Spouse
holding GTN Common Stock 832,500 14 Feb 2024 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 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.