SEC FORM
4
SEC Form 4
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
|
| OMB APPROVAL |
| OMB Number: |
3235-0287 |
| Estimated average burden |
| hours per response: |
0.5 |
|
|
 |
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
GRAY TELEVISION INC
[ GTN ]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
Director |
X |
10% Owner |
|
Officer (give title below) |
|
Other (specify below) |
|
|
3. Date of Earliest Transaction
(Month/Day/Year)
12/06/2006
|
4. If Amendment, Date of Original Filed
(Month/Day/Year)
|
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Form filed by One Reporting Person |
| X |
Form filed by More than One Reporting Person |
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|---|
| 1. Title of Security (Instr.
3)
|
2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
|
4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
|
5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
|
7. Nature of Indirect Beneficial Ownership (Instr.
4)
|
| Code |
V |
Amount |
(A) or (D) |
Price |
|
Common Stock
|
12/06/2006 |
|
P |
|
1,400
|
A |
$6.2821
|
4,275,122
|
I |
See Footnote
|
|
Common Stock
|
12/14/2006 |
|
P |
|
126,000
|
A |
$6.674
|
4,401,122
|
I |
See Footnote
|
|
Common Stock
|
12/15/2006 |
|
P |
|
50,000
|
A |
$6.6854
|
4,451,122
|
I |
See Footnote
|
|
Common Stock
|
12/18/2006 |
|
P |
|
12,000
|
A |
$6.72
|
4,463,122
|
I |
See Footnote
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
|
|---|
| 1. Title of Derivative Security (Instr.
3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
|
5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
|
6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
|
8. Price of Derivative Security (Instr.
5)
|
9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
|
10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
|
11. Nature of Indirect Beneficial Ownership (Instr.
4)
|
| Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
1. Name and Address of Reporting Person*
| 13455 NOEL ROAD |
| SUITE 800 |
(Street)
|
| Explanation of Responses: |
|
|
|
|
|
|
|
|
|
|
|
Highland Capital Management, L.P. By: Strand Advisors, Inc., its general partner /s/ James Dondero, President |
12/18/2006 |
|
** Signature of Reporting Person |
Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * If the form is filed by more than one reporting person,
see
Instruction
4
(b)(v). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
EXHIBIT 24.1
JOINT FILING AGREEMENT AND POWER OF ATTORNEY
DECEMBER 18, 2006
Pursuant to and in accordance with the Securities Exchange Act of 1934, as
amended, and the rules and regulations thereunder, each party hereto hereby
agrees to the joint filing, on behalf of each of them, of any filing required by
such party under Section 13 or Section 16 of the Exchange Act or any rule or
regulation thereunder (including any amendment, supplement, and/or exhibit
thereto) with the Securities and Exchange Commission (and, if such security is
registered on a national securities exchange, also with the exchange), and
further agrees to the filing, furnishing, and/or incorporation by reference of
this Joint Filing Agreement and Power of Attorney as an exhibit thereto. This
Joint Filing Agreement and Power of Attorney shall remain in full force and
effect until revoked by any party hereto in a signed writing provided to each
other party hereto, and then only with respect to such revoking party.
Know all men by these presents, that each party hereto hereby constitutes
and appoints each of J. Kevin Ciavarra and Michael S. Minces, and each of them,
as the true and lawful attorneys-in-fact and agents, or attorney-in-fact and
agent, of such party with full power and authority and full power of
substitution and resubstitution, for, in the name of, and on behalf of such
party, place and stead, in any and all capacities, (i) to execute any and all
filings required by such party under Section 13 or Section 16 of the Exchange
Act or any rule or regulation thereunder (including any amendment, supplement,
and/or exhibit thereto), for, in the name of, and on behalf of such party, (ii)
to do and perform any and all acts for, in the name of, and on behalf of such
party which said attorneys-in-fact, or any of them, determine may be necessary
or appropriate to complete and execute any and all such filings, amendments,
supplements, and/or exhibits, and any and all other document(s) in connection
therewith, (iii) to file such filings, amendments, supplements, exhibits, and/or
documents with the Securities and Exchange Commission (and, if such security is
registered on a national securities exchange, also with the exchange), and (iv)
to perform any and all other acts that said attorneys-in-fact or agents, or any
of them, determine may be necessary or appropriate in connection with the
foregoing that may be in the best interest of or legally required by such party,
granting unto said attorneys-in-fact and agents, or any of them, full power and
authority to do and perform each and every act and thing requisite or necessary
to be done in and about the premises, as fully to all intents and purposes as
such party might or could do in person, hereby ratifying and confirming all that
said attorneys-in-fact and agents, or any of them, shall do or cause to be done
by virtue hereof. Each party hereto hereby acknowledges that the foregoing
attorneys-in-fact and agents, or any of them, in serving in such capacity at the
request of such undersigned party, are not assuming any of the responsibilities
of the undersigned to comply with Section 16 or Section 13(d) of the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated
thereunder.
REMAINDER OF PAGE INTENTIONALLY LEFT BLANK.
SIGNATURE PAGE(s) TO FOLLOW.
IN WITNESS WHEREOF, each party hereto, being duly authorized, has caused
this Joint Filing Agreement and Power of Attorney to be executed and effective
as of the date first written above.
HIGHLAND CREDIT STRATEGIES FUND
By: /s/ James D. Dondero
------------------------------------------
Name: James D. Dondero
Title: President
HIGHLAND MULTI-STRATEGY ONSHORE MASTER
SUBFUND, L.L.C.
By: Highland Multi-Strategy Master Fund, L.P.,
its managing member
By: Highland Multi-Strategy Fund GP, L.P., its
general partner
By: Highland Multi-Strategy Fund GP, L.L.C., its
general partner
By: Highland Capital Management, L.P., its sole
member
By: Strand Advisors Inc, its general partner
By: /s/ James D. Dondero
------------------------------------------
Name: James D. Dondero
Title: President
HIGHLAND MULTI-STRATEGY MASTER FUND, L.P.
By: Highland Multi-Strategy Fund GP, L.P., its
general partner
By: Highland Multi-Strategy Fund GP, L.L.C., its
general partner
By: Highland Capital Management, L.P., its sole
member
By: Strand Advisors Inc, its general partner
By: /s/ James D. Dondero
------------------------------------------
Name: James D. Dondero
Title: President
HIGHLAND MULTI-STRATEGY FUND GP, L.P.
By: Highland Multi-Strategy Fund GP, L.L.C.,
its general partner
By: Highland Capital Management, L.P., its sole
member
By: Strand Advisors Inc, its general partner
By: /s/ James D. Dondero
------------------------------------------
Name: James D. Dondero
Title: President
HIGHLAND MULTI-STRATEGY FUND GP, L.L.C.
By: Highland Capital Management, L.P., its sole
member
By: Strand Advisors Inc, its general partner
By: /s/ James D. Dondero
------------------------------------------
Name: James D. Dondero
Title: President
HIGHLAND CAPITAL MANAGEMENT, L.P.
By: Strand Advisors, Inc., its general partner
By: /s/ James D. Dondero
------------------------------------------
Name: James D. Dondero
Title: President
STRAND ADVISORS, INC.
By: /s/ James D. Dondero
------------------------------------------
Name: James D. Dondero
Title: President
JAMES D. DONDERO
By: /s/ James D. Dondero
------------------------------------------
Name: James D. Dondero
EXHIBIT 99.1
JOINT FILER INFORMATION
OTHER REPORTING PERSON(s)
1. HIGHLAND CREDIT STRATEGIES FUND
ITEM INFORMATION
- -------------------------------------- -------------------------------------------------------------------------------
Name: Highland Credit Strategies Fund
- -------------------------------------- -------------------------------------------------------------------------------
Address: Two Galleria Tower
13455 Noel Road, Ste. 800
Dallas, Texas 75240
- -------------------------------------- -------------------------------------------------------------------------------
Designated Filer: Highland Capital Management, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Issuer Name and Ticker or Gray Television, Inc [GTN]
Trading Symbol:
- -------------------------------------- -------------------------------------------------------------------------------
Date of Earliest Transaction December 6, 2006
Required to be Reported
(Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
- -------------------------------------- -------------------------------------------------------------------------------
Individual or Joint/Group Filing: Form filed by More than One Reporting Person
- -------------------------------------- -------------------------------------------------------------------------------
Signature:
By: /s/ James D. Dondero
--------------------------------
Name: James D. Dondero
Title: President
Date: December 18, 2006
2. HIGHLAND MULTI-STRATEGY ONSHORE MASTER SUBFUND, L.L.C.
ITEM INFORMATION
- -------------------------------------- -------------------------------------------------------------------------------
Name: Highland Multi-Strategy Onshore Master SubFund, L.L.C.
- -------------------------------------- -------------------------------------------------------------------------------
Address: Two Galleria Tower
13455 Noel Road, Ste. 800
Dallas, Texas 75240
- -------------------------------------- -------------------------------------------------------------------------------
Designated Filer: Highland Capital Management, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Issuer Name and Ticker or Gray Television, Inc [GTN]
Trading Symbol:
- -------------------------------------- -------------------------------------------------------------------------------
Date of Earliest Transaction December 6, 2006
Required to be Reported
(Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
- -------------------------------------- -------------------------------------------------------------------------------
Individual or Joint/Group Filing: Form filed by More than One Reporting Person
- -------------------------------------- -------------------------------------------------------------------------------
Signature: By: Highland Multi-Strategy Master Fund, L.P., its managing member
By: Highland Multi-Strategy Fund GP, L.P., its general partner
By: Highland Multi-Strategy Fund GP, L.L.C., its general partner
By: Highland Capital Management, L.P., its sole member
By: Strand Advisors Inc, its general partner
By: /s/ James D. Dondero
--------------------------------
Name: James D. Dondero
Title: President
Date: December 18, 2006
3. HIGHLAND MULTI-STRATEGY MASTER FUND, L.P.
ITEM INFORMATION
- -------------------------------------- -------------------------------------------------------------------------------
Name: Highland Multi-Strategy Master Fund, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Address: Two Galleria Tower
13455 Noel Road, Ste. 800
Dallas, Texas 75240
- -------------------------------------- -------------------------------------------------------------------------------
Designated Filer: Highland Capital Management, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Issuer Name and Ticker or Gray Television, Inc [GTN]
Trading Symbol:
- -------------------------------------- -------------------------------------------------------------------------------
Date of Earliest Transaction December 6, 2006
Required to be Reported
(Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
- -------------------------------------- -------------------------------------------------------------------------------
Individual or Joint/Group Filing: Form filed by More than One Reporting Person
- -------------------------------------- -------------------------------------------------------------------------------
Signature: By: Highland Multi-Strategy Fund GP, L.P., its general partner
By: Highland Multi-Strategy Fund GP, L.L.C., its general partner
By: Highland Capital Management, L.P., its sole member
By: Strand Advisors Inc, its general partner
By: /s/ James D. Dondero
--------------------------------
Name: James D. Dondero
Title: President
Date: December 18, 2006
4. HIGHLAND MULTI-STRATEGY FUND GP, L.P.
ITEM INFORMATION
- -------------------------------------- -------------------------------------------------------------------------------
Name: Highland Multi-Strategy Fund GP, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Address: Two Galleria Tower
13455 Noel Road, Ste. 800
Dallas, Texas 75240
- -------------------------------------- -------------------------------------------------------------------------------
Designated Filer: Highland Capital Management, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Issuer Name and Ticker or Gray Television, Inc [GTN]
Trading Symbol:
- -------------------------------------- -------------------------------------------------------------------------------
Date of Earliest Transaction December 6, 2006
Required to be Reported
(Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
- -------------------------------------- -------------------------------------------------------------------------------
Individual or Joint/Group Filing: Form filed by More than One Reporting Person
- -------------------------------------- -------------------------------------------------------------------------------
Signature: By: Highland Multi-Strategy Fund GP, L.L.C., its general partner
By: Highland Capital Management, L.P., its sole member
By: Strand Advisors Inc, its general partner
By: /s/ James D. Dondero
--------------------------------
Name: James D. Dondero
Title: President
Date: December 18, 2006
5. HIGHLAND MULTI-STRATEGY FUND GP, L.L.C.
ITEM INFORMATION
- -------------------------------------- -------------------------------------------------------------------------------
Name: Highland Multi-Strategy Fund GP, L.L.C.
- -------------------------------------- -------------------------------------------------------------------------------
Address: Two Galleria Tower
13455 Noel Road, Ste. 800
Dallas, Texas 75240
- -------------------------------------- -------------------------------------------------------------------------------
Designated Filer: Highland Capital Management, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Issuer Name and Ticker or Gray Television, Inc [GTN]
Trading Symbol:
- -------------------------------------- -------------------------------------------------------------------------------
Date of Earliest Transaction December 6, 2006
Required to be Reported
(Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
- -------------------------------------- -------------------------------------------------------------------------------
Individual or Joint/Group Filing: Form filed by More than One Reporting Person
- -------------------------------------- -------------------------------------------------------------------------------
Signature: By: Highland Capital Management, L.P., its sole member
By: Strand Advisors Inc, its general partner
By: /s/ James D. Dondero
--------------------------------
Name: James D. Dondero
Title: President
Date: December 18, 2006
6. STRAND ADVISORS, INC.
ITEM INFORMATION
- -------------------------------------- -------------------------------------------------------------------------------
Name: Strand Advisors, Inc.
- -------------------------------------- -------------------------------------------------------------------------------
Address: Two Galleria Tower
13455 Noel Road, Ste. 800
Dallas, Texas 75240
- -------------------------------------- -------------------------------------------------------------------------------
Designated Filer: Highland Capital Management, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Issuer Name and Ticker or Gray Television, Inc [GTN]
Trading Symbol:
- -------------------------------------- -------------------------------------------------------------------------------
Date of Earliest Transaction December 6, 2006
Required to be Reported
(Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
- -------------------------------------- -------------------------------------------------------------------------------
Individual or Joint/Group Filing: Form filed by More than One Reporting Person
- -------------------------------------- -------------------------------------------------------------------------------
Signature:
By: /s/ James D. Dondero
--------------------------------
Name: James D. Dondero
Title: President
Date: December 18, 2006
7. JAMES D. DONDERO
ITEM INFORMATION
- -------------------------------------- -------------------------------------------------------------------------------
Name: James D. Dondero
- -------------------------------------- -------------------------------------------------------------------------------
Address: Two Galleria Tower
13455 Noel Road, Ste. 800
Dallas, Texas 75240
- -------------------------------------- -------------------------------------------------------------------------------
Designated Filer: Highland Capital Management, L.P.
- -------------------------------------- -------------------------------------------------------------------------------
Issuer Name and Ticker or Gray Television, Inc [GTN]
Trading Symbol:
- -------------------------------------- -------------------------------------------------------------------------------
Date of Earliest Transaction December 6, 2006
Required to be Reported
(Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
- -------------------------------------- -------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
- -------------------------------------- -------------------------------------------------------------------------------
Individual or Joint/Group Filing: Form filed by More than One Reporting Person
- -------------------------------------- -------------------------------------------------------------------------------
Signature:
By: /s/ James D. Dondero
--------------------------------
Name: James D. Dondero
Date: December 18, 2006
