Jackson S. Cowart IV - Mar 1, 2022 Form 4 Insider Report for GRAY TELEVISION INC (GTN)

Signature
/s/ J. S. Cowart IV
Stock symbol
GTN
Transactions as of
Mar 1, 2022
Transactions value $
-$51,201
Form type
4
Date filed
3/3/2022, 08:52 PM
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Gray Common Stock - GTN Tax liability -$28.6K -1.2K -8.7% $23.87 12.6K Mar 1, 2022 Direct
transaction GTN Gray Common Stock - GTN Award $0 +3.49K +27.77% $0.00 16.1K Mar 1, 2022 Direct F2
transaction GTN Gray Common Stock - GTN Tax liability -$22.6K -948 -6.16% $23.87 14.4K Mar 1, 2022 Held by spouse
transaction GTN Gray Common Stock - GTN Award $0 +2.77K +19.14% $0.00 17.2K Mar 1, 2022 Held by spouse F2
holding GTN Gray Common Stock - GTN 10.5K Mar 1, 2022 By 401(k) Plan F1
holding GTN Gray Class A Common Stock - GTN.A 22 Mar 1, 2022 By 401(k) Plan F1
holding GTN Gray Class A Common Stock - GTN.A 323 Mar 1, 2022 Held by spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Employee 401(k) plan is a unitized plan whereas employee investments are held in units rather than shares. Amount estimates shares owned by dividing cash investment by closing stock price on day of filing this report.
F2 Represents a grant of restricted stock, which vests in full on March 1, 2023.