GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

WOODMONT INVESTMENT COUNSEL LLC's Holding History (CIK: 0001133653)

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

Q3 2014

Shares 100,000 Value ($000) $788 Avg Close $10.95 Range $7.88 - $13.94

Q2 2014

Shares 35,800 Value ($000) $470 Avg Close $11.23 Range $9.02 - $13.44

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	100,000	$788	$10.95	$7.88 - $13.94
Q2 2014	35,800	$470	$11.23	$9.02 - $13.44