GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

UNITED SERVICES AUTOMOBILE ASSOCIATION's Holding History (CIK: 0001021249)

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

Q2 2019

Shares 275,898 Value ($000) $4,522 Avg Close $19.81 Range $15.77 - $25.31

Q1 2019

Shares 256,400 Value ($000) $5,477 Avg Close $18.64 Range $14.44 - $23.45

Q4 2018

Shares 114,462 Value ($000) $1,687 Avg Close $17.36 Range $13.75 - $20.24

Q3 2018

Shares 503,438 Value ($000) $8,810 Avg Close $16.37 Range $14.60 - $17.90

Q2 2018

Shares 626,247 Value ($000) $9,895 Avg Close $12.00 Range $10.70 - $17.00

Q1 2018

Shares 525,153 Value ($000) $6,669 Avg Close $15.09 Range $11.80 - $17.80

Q4 2017

Shares 278,125 Value ($000) $4,659 Avg Close $15.62 Range $13.90 - $17.50

Q3 2017

Shares 75,580 Value ($000) $1,187 Avg Close $14.30 Range $13.30 - $15.75

Q1 2014

Shares 10,900 Value ($000) $113 Avg Close $11.35 Range $9.04 - $14.98

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	275,898	$4,522	$19.81	$15.77 - $25.31
Q1 2019	256,400	$5,477	$18.64	$14.44 - $23.45
Q4 2018	114,462	$1,687	$17.36	$13.75 - $20.24
Q3 2018	503,438	$8,810	$16.37	$14.60 - $17.90
Q2 2018	626,247	$9,895	$12.00	$10.70 - $17.00
Q1 2018	525,153	$6,669	$15.09	$11.80 - $17.80
Q4 2017	278,125	$4,659	$15.62	$13.90 - $17.50
Q3 2017	75,580	$1,187	$14.30	$13.30 - $15.75
Q1 2014	10,900	$113	$11.35	$9.04 - $14.98