GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

Freedom Investment Management, Inc.'s Holding History (CIK: 0001566653)

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

Q4 2017

Shares 13,442 Value ($000) $225 Avg Close $15.62 Range $13.90 - $17.50

Q3 2017

Shares 12,796 Value ($000) $201 Avg Close $14.30 Range $13.30 - $15.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	13,442	$225	$15.62	$13.90 - $17.50
Q3 2017	12,796	$201	$14.30	$13.30 - $15.75