Jackson S. Cowart IV - Mar 1, 2024 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, 2024
Transactions value $
-$64,213
Form type
4
Date filed
3/5/2024, 06:22 PM
Previous filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Gray Common Stock - GTN Tax liability -$35.8K -6.26K -52.84% $5.72 5.59K Mar 1, 2024 Direct
transaction GTN Gray Common Stock - GTN Award $0 +21K +376.07% $0.00 26.6K Mar 1, 2024 Direct F1
transaction GTN Gray Common Stock - GTN Tax liability -$28.4K -4.96K -21.12% $5.72 18.5K Mar 1, 2024 Held by Spouse F4
transaction GTN Gray Common Stock - GTN Award $0 +17.5K +94.44% $0.00 36K Mar 1, 2024 Held by Spouse F1, F4
holding GTN Gray Common Stock - GTN 15.2K Mar 1, 2024 By 401(k) Plan F2
holding GTN Gray Class A Common Stock - GTN.A 20 Mar 1, 2024 By 401(k) Plan F3
holding GTN Gray Class A Common Stock - GTN.A 302 Mar 1, 2024 Held by Spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units, which vests in full on March 1, 2025.
F2 Holdings under the 401(k) Plan have been updated to reflect the reporting person's current balance in the 401(k) Plan.
F3 Amounts are held in 401(k) Plan accounts. Amounts are unitized whereas employee investments in Gray Class A Common Stock are held in units rather than shares. Amounts estimate shares owned by dividing the value of the investment by the closing stock price on the last trading day prior to filing this report.
F4 In addition to shares held in spouses investment account, the amount also includes holdings under the spouses 401(k) Plan which have been updated to reflect the current balance in the spouses 401(k) Plan.