0000950142-13-001198.txt : 20130516 0000950142-13-001198.hdr.sgml : 20130516 20130516153558 ACCESSION NUMBER: 0000950142-13-001198 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130516 DATE AS OF CHANGE: 20130516 GROUP MEMBERS: HARVEY & PHYLLIS SANDLER FOUNDATION INC. GROUP MEMBERS: HARVEY SANDLER GROUP MEMBERS: HARVEY SANDLER REVOCABLE TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GRAY TELEVISION INC CENTRAL INDEX KEY: 0000043196 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 580285030 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-47013 FILM NUMBER: 13851071 BUSINESS ADDRESS: STREET 1: 4370 PEACHTREE ROAD NE CITY: ATLANTA STATE: GA ZIP: 30319 BUSINESS PHONE: 4042668333 MAIL ADDRESS: STREET 1: 4370 PEACHTREE ROAD NE CITY: ATLANTA STATE: GA ZIP: 30319 FORMER COMPANY: FORMER CONFORMED NAME: GRAY COMMUNICATIONS SYSTEMS INC /GA/ DATE OF NAME CHANGE: 19950612 FORMER COMPANY: FORMER CONFORMED NAME: GRAY COMMUNICATIONS CORP DATE OF NAME CHANGE: 19911011 FORMER COMPANY: FORMER CONFORMED NAME: GRAY COMMUNICATIONS SYSTEMS INC DATE OF NAME CHANGE: 19880331 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Harvey Sandler Revocable Trust CENTRAL INDEX KEY: 0001323253 IRS NUMBER: 134328652 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 21170 N. E. 22ND COURT CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33180 BUSINESS PHONE: 954-389-7100 MAIL ADDRESS: STREET 1: 21170 N. E. 22ND COURT CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33180 SC 13D 1 eh1300726_13d-gray.htm SCHEDULE 13D eh1300726_13d-gray.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 

 
SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
(Amendment No. ___)
 

 
GRAY TELEVISION, INC.
 (Name of Issuer)
 
Class A Common Stock
(Title of Class of Securities)
 
389375205
 (CUSIP Number)
 
Gary Rubin
Rubin & Associates CPA Firm PA
2080 NW Boca Raton Blvd #6
Boca Raton, FL 33431
(561) 750-8299
 (Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
 

 
May 6, 2013
(Date of Event which Requires Filing
of this Statement)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 1(f) or 1(g), check the following box o.
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 13d-1(a) for other parties to whom copies are to be sent.
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 
 

 
 
 
CUSIP No. 389375205
SCHEDULE 13D
Page 2 of 10


 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Harvey Sandler Revocable Trust
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Florida
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
462,099 shares
8
SHARED VOTING POWER
 
-0-
9
SOLE DISPOSITIVE POWER
 
462,099 shares
10
SHARED DISPOSITIVE POWER
 
-0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
462,099 shares
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
8.0%
 
14
TYPE OF REPORTING PERSON
 
OO
 


 
 
 

 
 
 
CUSIP No. 389375205
SCHEDULE 13G
Page 3 of 10


 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
The Harvey and Phyllis Sandler Foundation Inc.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Florida
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
5,028 shares
8
SHARED VOTING POWER
 
-0-
9
SOLE DISPOSITIVE POWER
 
5,028 shares
10
SHARED DISPOSITIVE POWER
 
-0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
5,028 shares
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.1%
 
14
TYPE OF REPORTING PERSON
 
CO
 
 

 
 
 

 

CUSIP No. 389375205
SCHEDULE 13D
Page 4 of 10


 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Harvey Sandler
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Florida
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
467,127 shares
8
SHARED VOTING POWER
 
-0-
9
SOLE DISPOSITIVE POWER
 
467,127 shares
10
SHARED DISPOSITIVE POWER
 
-0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
467,127 shares
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
8.1%
 
14
TYPE OF REPORTING PERSON
 
IN
 
 
 

 
 

 
 
CUSIP No. 389375205
SCHEDULE 13D
Page 5 of 10


This Schedule 13D (the “Statement”) replaces the Schedule 13G and Amendment No.1 to Schedule 13G filed on February 8, 2013, relating to the Class A Common Stock (the “Common Stock”), of Gray  Television, Inc. (the “Company” or the “Issuer”).

Item 1.  Security and Issuer.
The class of equity securities to which this Statement relates is the Common Stock of the Company.  The name and address of the principal executive offices of the Company are Gray Television, Inc., 4370 Peachtree Road, Atlanta, GA  30319.

Item 2.  Identity and Background.
This Statement is being filed by each of the following persons (sometimes referred to herein collectively as “Reporting Persons”):

(i)           Harvey Sandler Revocable Trust, a trust organized under the laws of the State of Florida (the “Trust”), by virtue of its beneficial ownership of 462,099 shares of the Common Stock covered by this Statement;

(ii)          The Harvey and Phyllis Sandler Foundation Inc., a corporation organized under the laws of the State of Florida (the “Foundation”), by virtue of its beneficial ownership of 5,028 shares of the Common Stock covered by this Statement; and

(iii)         Harvey Sandler, a U.S. citizen, is the sole trustee of the Harvey Sandler Revocable Trust and the President and a Director of The Harvey and Phyllis Sandler Foundation Inc. as a result of which he may be deemed to have beneficial ownership of 467,127 shares of Common Stock covered by this Statement.

Each Reporting Person is in the business of acquiring, holding and disposing of interests in various companies for investment purposes.  The address of the principal office of each Reporting Person is 2080 NW Boca Raton Blvd., Suite 6, Boca Raton, FL 33431.

None of the Reporting Persons and to the best of each of the Reporting Person’s knowledge none of the persons named in Schedule A hereto, has during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 3.  Source and Amount of Funds or Other Consideration.
 
The source of funds for the acquisition of the Common Stock was the general working capital of the Trust and the Foundation.

Item 4.  Purpose of Transaction.
 
The Reporting Persons hold the Common Stock for investment, in the ordinary course of their businesses.  The Reporting Persons have no plans or proposals which relate to or
 

 
 

 
 
 
CUSIP No. 389375205
SCHEDULE 13D
Page 6 of 10
 
 
would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

Item 5.  Interest in Securities of the Issuer.
 
(a)           As of the date hereof, each of the Trust and the Foundation beneficially owns 462,099 shares of Common Stock and 5,028 shares of Common Stock,  respectively, or 8.0% and 0.1%, respectively, of the Company’s issued and outstanding shares of Common Stock.

By virtue of the fact that Harvey Sandler is the sole trustee of the Harvey Sandler Revocable Trust and the President and a Director of The Harvey and Phyllis Sandler Foundation Inc., Harvey Sandler may be deemed to share voting power and the power to direct the disposition of the shares of Common Stock which each beneficially own.  Accordingly, as of the date hereof, Harvey Sandler may be deemed to own beneficially an aggregate of 467,127 shares of Common Stock or 8.1% of the Company’s issued and outstanding shares of Common Stock.

(b)           The Trust has the sole power to direct the vote and the sole power to direct the disposition of the 462,099 shares of Common Stock that may be deemed to be owned beneficially by it.  The Foundation has the sole power to direct the vote and the sole power to direct the disposition of the 5,028 shares of Common Stock that may be deemed to be owned beneficially by it. Harvey Sandler  has the shared power to direct the vote and the shared power to direct the disposition of the 467,127 shares of Common Stock that may be deemed to be owned beneficially by him.

(c)           Except as set forth in Schedule B hereto, to the knowledge of the Reporting Persons with respect to the persons named in response to paragraph (a), none of the persons named in response to paragraph (a) has effected any transactions in shares of Common Stock during the past 60 days.

(d)           No person other than the persons listed is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any securities owned by any member of the group.

(e)           Not Applicable.

Item 6.  Contracts, Arrangements, Understandings or Relationship with Respect to the Issuer.
 
Not applicable.
 
Item 7.  Materials to be Filed as Exhibits.
 
Exhibit 7.01:
Joint Filing Agreement

 
 

 
 

 
 
CUSIP No. 389375205
SCHEDULE 13D
Page 7 of 10
 

SIGNATURES
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Dated as of May 15, 2013.
 
 
 
HARVEY SANDLER REVOCABLE TRUST
 
       
 
By:
/s/ Harvey Sandler  
  Name:   Harvey Sandler  
  Title:  Sole Trustee   
       
 
 
THE HARVEY AND PHYLLIS SANDLER FOUNDATION INC.
       
 
By:
/s/ Harvey Sandler  
  Name:    Harvey Sandler  
  Title:  President  
       
 
 
/s/ Harvey Sandler  
  Harvey Sandler  
       
 

 
 
 

 

 
CUSIP No. 389375205
SCHEDULE 13D
Page 8 of 10

 
 
SCHEDULE A
 
The following Schedule sets forth the controlling persons, the executive officers and the directors of The Harvey and Phyllis Sandler Foundation Inc. (other than Harvey Sandler), and contains the following information with respect to each such person: (i) name, (ii) citizenship, and (iii) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted.
 
 
Phyllis Sandler
United States
Unemployed

Robin Rubin
United States
Instructor
Florida Atlantic University
777 Glades Road
Boca Raton, FL 33431
 
 
 
 
 
 

 

 
CUSIP No. 389375205
SCHEDULE 13D
Page 9 of 10

SCHEDULE B

TRANSACTIONS IN THE COMMON STOCK (NO PAR VALUE PER SHARE)
OF GRAY TELEVISION, INC. DURING THE PAST 60 DAYS

(All transactions were made in the open market unless otherwise indicated)

Date
 
Transaction
Conducted
By
 
 
Transaction
Type
 
Number of
Shares
 
Price Per
Share
2/13/2013
 
Trust
 
Buy
 
311.00
 
4.20
2/14/2013
 
Trust
 
Buy
 
850.00
 
4.02
2/15/2013
 
Trust
 
Buy
 
300.00
 
4.00
2/20/2013
 
Trust
 
Buy
 
2,900.00
 
3.50
2/21/2013
 
Trust
 
Buy
 
1,800.00
 
3.67
2/21/2013
 
Trust
 
Buy
 
350.00
 
3.66
2/28/2013
 
Trust
 
Buy
 
35,100.00
 
3.75
3/1/2013
 
Trust
 
Buy
 
100.00
 
3.86
3/7/2013
 
Trust
 
Buy
 
300.00
 
3.83
3/7/2013
 
Trust
 
Buy
 
100.00
 
3.82
3/15/2013
 
Trust
 
Buy
 
2,188.00
 
3.81
3/15/2013
 
Trust
 
Buy
 
5,000.00
 
3.75
3/19/2013
 
Trust
 
Buy
 
575.00
 
3.90
3/20/2013
 
Trust
 
Buy
 
100.00
 
4.08
3/20/2013
 
Trust
 
Buy
 
125.00
 
4.07
3/21/2013
 
Trust
 
Buy
 
1,100.00
 
4.09
3/28/2013
 
Trust
 
Buy
 
100.00
 
4.10
4/1/2013
 
Trust
 
Buy
 
500.00
 
4.33
4/2/2013
 
Trust
 
Buy
 
1,790.00
 
4.33
4/3/2013
 
Trust
 
Buy
 
5,000.00
 
4.25
4/3/2013
 
Trust
 
Buy
 
2,629.00
 
4.10
4/9/2013
 
Trust
 
Buy
 
100.00
 
4.23
4/11/2013
 
Trust
 
Buy
 
5,000.00
 
4.58
4/11/2013
 
Trust
 
Buy
 
45.00
 
4.77
4/12/2013
 
Trust
 
Buy
 
1,010.00
 
4.89
4/15/2013
 
Trust
 
Buy
 
500.00
 
4.56
4/16/2013
 
Trust
 
Buy
 
700.00
 
4.61
4/17/2013
 
Trust
 
Buy
 
4,300.00
 
4.55
4/18/2013
 
Trust
 
Buy
 
200.00
 
4.67
4/22/2013
 
Trust
 
Buy
 
900.00
 
4.65
4/23/2013
 
Trust
 
Buy
 
1,426.00
 
5.65
4/23/2013
 
Trust
 
Buy
 
1,100.00
 
5.51
4/24/2013
 
Trust
 
Buy
 
1,299.00
 
5.78
4/26/2013
 
Trust
 
Buy
 
5.00
 
6.02
4/30/2013
 
Trust
 
Buy
 
100.00
 
5.87
5/1/2013
 
Trust
 
Buy
 
1,962.00
 
5.95
5/2/2013
 
Trust
 
Buy
 
2,812.00
 
6.22
5/3/2013
 
Trust
 
Buy
 
100.00
 
6.22
5/6/2013
 
Trust
 
Buy
 
3,899.00
 
6.68
5/8/2013
 
Trust
 
Buy
 
1,602.00
 
6.03
5/10/2013
 
Trust
 
Buy
 
500.00
 
5.99

 
 
 

 

 
CUSIP No. 389375205
SCHEDULE 13D
Page 10 of 10

 
EXHIBIT 7.01
JOINT FILING AGREEMENT

In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock of Gray  Television, Inc. and that this Agreement be included as an Exhibit to such statement.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement effective as of May 15, 2013.
 
 
HARVEY SANDLER REVOCABLE TRUST
 
       
 
By:
/s/ Harvey Sandler  
  Name:   Harvey Sandler  
  Title:  Sole Trustee   
       
 
 
THE HARVEY AND PHYLLIS SANDLER FOUNDATION INC.
       
 
By:
/s/ Harvey Sandler  
  Name:   Harvey Sandler  
  Title:  President  
       
 
 
/s/ Harvey Sandler  
  Harvey Sandler