GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

First Trust Capital Management L.P.'s Holding History (CIK: 0001604488)

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

Q4 2017

Shares 305,278 Value ($000) $5,113 Avg Close $15.62 Range $13.90 - $17.50

Q3 2017

Shares 287,055 Value ($000) $4,507 Avg Close $14.30 Range $13.30 - $15.75

Q2 2017

Shares 244,375 Value ($000) $3,347,938 Avg Close $13.50 Range $11.70 - $15.45

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	305,278	$5,113	$15.62	$13.90 - $17.50
Q3 2017	287,055	$4,507	$14.30	$13.30 - $15.75
Q2 2017	244,375	$3,347,938	$13.50	$11.70 - $15.45