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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
43196	Gray Television Inc	GTN	Television Broadcasting Stations (4833)	580285030

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1282493	Iv S Jackson Cowart	4370 Peachtree Road Ne Atlanta GA 30319	Chief Accounting Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Gray Common Stock - Gtn	Disposition	2020-12-31	4,200	$17.87	10,995	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Gray Common Stock - Gtn	8,752	Indirect	By 401(k) Plan
Gray Class A Common Stock - Gtn.a	22	Indirect	By 401(k) Plan
Gray Common Stock - Gtn	12,449	Indirect	Held by spouse
Gray Common Stock - Gtn	11,547	Indirect	Held by spouse
Gray Class A Common Stock - Gtn.a	323	Indirect	Held by spouse

Footnotes

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from a minimum price of $17.86 to a maximum of $17.90 per share on December 31, 2020, inclusive. The reporting person undertakes to provide to Gray Television, Inc., any security holder of Gray Television, Inc., or the staff of the Securities Exchange Commission, upon request, all information regarding the number of shares sold at each separate price within the range set forth above.
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.