James C. Ryan - 10 Apr 2023 Form 4 Insider Report for GRAY TELEVISION INC (GTN)

Role
EVP & Chief Financial Officer
Signature
/s/ Ginger Davis by Power of Attorney
Issuer symbol
GTN
Transactions as of
10 Apr 2023
Transactions value $
$1,782,003
Form type
4
Filing time
12 Apr 2023, 18:40:20 UTC
Previous filing
02 Feb 2023
Next filing
08 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTN Common Stock Award $1.78M +210K +54.93% $8.47 593K 10 Apr 2023 Direct F1
holding GTN Common Stock 12.2K 10 Apr 2023 By 401(k) F2
* 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 29, 2024, February 28, 2025, February 28, 2026, and the other half of which vests, subject to the satisfaction of certain performance criteria, on February 28, 2026.
F2 The employee 401(k) plan is denominated in units, representing ownership interests in a fund that includes both Gray common stock and a reserve of cash. The information reported represents the dollar value of the reporting person's balance in the 401(k) plan as of April 10, 2023, as reported by the plan administrator, divided by the closing price of Gray common stock on that date.