GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

Formidable Asset Management, LLC's Holding History (CIK: 0001592613)

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

Q3 2013

Shares 100 Value ($000) $1 Avg Close $7.49 Range $6.01 - $9.46

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	100	$1	$7.49	$6.01 - $9.46