GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

Quinn Opportunity Partners LLC's Holding History (CIK: 0001633275)

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

Q3 2015
Shares 15,000 Value ($000) $191 Avg Close $14.21 Range $10.38 - $18.07
Q2 2015
Shares 15,000 Value ($000) $335 Avg Close $14.67 Range $13.18 - $16.67
Q1 2015
Shares 15,000 Value ($000) $207 Avg Close $11.36 Range $9.17 - $14.80
Q4 2014
Shares 15,000 Value ($000) $168 Avg Close $9.58 Range $7.16 - $11.73