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GRAY MEDIA, INC Director's Dealing 2024

Mar 6, 2024

32643_dirs_2024-03-05_070ae77b-e3d3-4fe1-b6a0-82476f20f492.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAY TELEVISION INC (GTN)
CIK: 0000043196
Period of Report: 2024-03-01

Reporting Person: COWART JACKSON S IV (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-01 Gray Common Stock - GTN F 6264 $5.72 Disposed 5591 Direct
2024-03-01 Gray Common Stock - GTN A 21026 $0.00 Acquired 26617 Direct
2024-03-01 Gray Common Stock - GTN F 4962 $5.72 Disposed 18528 Indirect
2024-03-01 Gray Common Stock - GTN A 17498 $0.00 Acquired 36026 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Gray Common Stock - GTN 15226 Indirect
Gray Class A Common Stock - GTN.A 20 Indirect
Gray Class A Common Stock - GTN.A 302 Indirect

Footnotes

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.