GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

MACKAY SHIELDS LLC's Holding History (CIK: 0000061227)

Note: Option positions (PUT/CALL) are excluded.

Q1 2021

Shares 12,000 Value ($000) $220 Avg Close $18.51 Range $16.30 - $21.22

Q1 2019

Shares 80,400 Value ($000) $1,718 Avg Close $18.64 Range $14.44 - $23.45

Q4 2018

Shares 44,900 Value ($000) $662 Avg Close $17.36 Range $13.75 - $20.24

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2021	12,000	$220	$18.51	$16.30 - $21.22
Q1 2019	80,400	$1,718	$18.64	$14.44 - $23.45
Q4 2018	44,900	$662	$17.36	$13.75 - $20.24