GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

EAM Investors, LLC's Holding History (CIK: 0001510989)

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

Q4 2018

Shares 74,422 Value ($000) $1,097 Avg Close $17.36 Range $13.75 - $20.24

Q1 2016

Shares 246,523 Value ($000) $2,889 Avg Close $12.31 Range $9.95 - $16.26

Q4 2015

Shares 266,916 Value ($000) $4,351 Avg Close $15.66 Range $12.46 - $17.70

Q3 2015

Shares 209,294 Value ($000) $2,671 Avg Close $14.21 Range $10.38 - $18.07

Q2 2015

Shares 257,923 Value ($000) $4,044 Avg Close $14.67 Range $13.18 - $16.67

Q1 2015

Shares 331,013 Value ($000) $4,575 Avg Close $11.36 Range $9.17 - $14.80

Q2 2013

Shares 451,911 Value ($000) $3,254 Avg Close $5.99 Range $4.37 - $7.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	74,422	$1,097	$17.36	$13.75 - $20.24
Q1 2016	246,523	$2,889	$12.31	$9.95 - $16.26
Q4 2015	266,916	$4,351	$15.66	$12.46 - $17.70
Q3 2015	209,294	$2,671	$14.21	$10.38 - $18.07
Q2 2015	257,923	$4,044	$14.67	$13.18 - $16.67
Q1 2015	331,013	$4,575	$11.36	$9.17 - $14.80
Q2 2013	451,911	$3,254	$5.99	$4.37 - $7.49