-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kw1pGLFAcvbbooDtcV6yRY03HOiJjQW8h1dZh458iClyRubgjnNd5fQFvX07DHcG JuT4rRDry0r1IOe3pX0XoQ== 0001209191-07-030816.txt : 20070516 0001209191-07-030816.hdr.sgml : 20070516 20070516213206 ACCESSION NUMBER: 0001209191-07-030816 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070514 FILED AS OF DATE: 20070516 DATE AS OF CHANGE: 20070516 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Highland Multi-Strategy Fund GP, L.L.C. CENTRAL INDEX KEY: 0001383921 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13796 FILM NUMBER: 07859403 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 972-628-4100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Highland Multi-Strategy Fund GP, L.P. CENTRAL INDEX KEY: 0001383922 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13796 FILM NUMBER: 07859404 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 972-628-4100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Highland Multi-Strategy Master Fund, L.P. CENTRAL INDEX KEY: 0001383920 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13796 FILM NUMBER: 07859405 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 972-628-4100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Highland Multi-Strategy Onshore Master SubFund, L.L.C. CENTRAL INDEX KEY: 0001383919 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13796 FILM NUMBER: 07859406 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 972-628-4100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strand Advisors, Inc. CENTRAL INDEX KEY: 0001381169 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13796 FILM NUMBER: 07859407 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 972-628-4100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DONDERO JAMES D CENTRAL INDEX KEY: 0001228922 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13796 FILM NUMBER: 07859409 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 1300 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9726284100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD, STE 1300 CITY: DALLAS STATE: TX ZIP: 75240 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HIGHLAND CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001167365 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13796 FILM NUMBER: 07859410 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STE 1300 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9726284100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STE 1300 CITY: DALLAS STATE: TX ZIP: 75240 ISSUER: 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 BUSINESS ADDRESS: STREET 1: 4370 PEACHTREE ROAD NE CITY: ALBANY STATE: GA ZIP: 30319 BUSINESS PHONE: 9128889390 MAIL ADDRESS: STREET 1: 4370 PEACHTREE ROAD NE CITY: ALBANY 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Highland Credit Strategies Fund CENTRAL INDEX KEY: 0001356115 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13796 FILM NUMBER: 07859408 BUSINESS ADDRESS: STREET 1: TWO GALLERIA TOWER STREET 2: 13455 NOEL ROAD, SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 877-665-1287 MAIL ADDRESS: STREET 1: TWO GALLERIA TOWER STREET 2: 13455 NOEL ROAD, SUITE 800 CITY: DALLAS STATE: TX ZIP: 75240 4 1 bod46880_bod1hcm.xml MAIN DOCUMENT DESCRIPTION X0202 4 2007-05-14 0000043196 GRAY TELEVISION INC GTN 0001167365 HIGHLAND CAPITAL MANAGEMENT LP 13455 NOEL ROAD SUITE 800 DALLAS TX 75240 0 0 1 0 0001228922 DONDERO JAMES D 13455 NOEL ROAD SUITE 800 DALLAS TX 75240 0 0 1 0 0001356115 Highland Credit Strategies Fund 13455 NOEL ROAD SUITE 800 DALLAS TX 75240 0 0 1 0 0001381169 Strand Advisors, Inc. 13455 NOEL ROAD SUITE 800 DALLAS TX 75240 0 0 1 0 0001383919 Highland Multi-Strategy Onshore Master SubFund, L.L.C. 13455 NOEL ROAD SUITE 800 DALLAS TX 75240 0 0 1 0 0001383920 Highland Multi-Strategy Master Fund, L.P. 13455 NOEL ROAD SUITE 800 DALLAS TX 75240 0 0 1 0 0001383922 Highland Multi-Strategy Fund GP, L.P. 13455 NOEL ROAD SUITE 800 DALLAS TX 75240 0 0 1 0 0001383921 Highland Multi-Strategy Fund GP, L.L.C. 13455 NOEL ROAD SUITE 800 DALLAS TX 75240 0 0 1 0 Common Stock 2007-05-14 4 P 0 63100 9.2813 A 4611022 I See Footnote This statement is filed by and on behalf of: (i) Highland Credit Strategies Fund ("Credit Strategies Fund"); (ii) Highland Multi-Strategy Onshore Master SubFund, L.L.C. ("Multi-Strategy SubFund"); (iii) Highland Multi-Strategy Master Fund, L.P. ("Multi-Strategy Fund"); (iv) Highland Multi-Strategy Fund GP, L.P. ("Multi-Strategy Fund GP"); (v) Highland Multi-Strategy Fund GP, L.L.C. ("Multi-Strategy Fund GP LLC"); (vi) Highland Capital Management, L.P. ("Capital Management"); (vii) Strand Advisors, Inc. ("Strand"); and (viii) James D. Dondero. Multi-Strategy Fund is the managing member of Multi-Strategy SubFund. Multi-Strategy Fund may be deemed to beneficially own shares owned and/or held by and/or for the account and/or benefit of Multi-Strategy SubFund. Multi-Strategy Fund GP is the general partner of Multi-Strategy Fund. Multi-Strategy Fund GP may be deemed to beneficially own shares owned and/or held by and/or for the account and/or benefit of Multi-Strategy Fund. Multi-Strategy Fund GP LLC is the general partner of Multi-Strategy Fund GP. Multi-Strategy Fund GP LLC may be deemed to beneficially own shares owned and/or held by and/or for the account and/or benefit of Multi-Strategy Fund GP. Capital Management serves as an investment adviser and/or manager to other persons, including Credit Strategies Fund and Multi-Strategy SubFund. Capital Management may be deemed to beneficially own shares owned and/or held by and/or for the account and/or benefit of other persons, including Credit Strategies Fund and Multi-Strategy SubFund. Strand is the general partner of Capital Management. Strand may be deemed to beneficially own shares owned and/or held by and/or for the account and/or benefit of Capital Management. Mr. Dondero is the President and a director of Strand. Mr. Dondero may be deemed to beneficially own shares owned and/or held by and/or for the account and/or benefit of Strand. Each of the reporting persons states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. Each of the reporting persons disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities. Each of the reporting persons may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each of the reporting persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any group with respect to the issuer or any securities of the issuer. On May 14, 2007, Capital Management acquired 63,100 shares. Following the reported transactions, Capital Management beneficially owned 4,611,022 shares, which includes 209,357 shares owned and/or held by and/or for the account and/or benefit of Credit Strategies Fund and includes 1,400 shares owned and/or held by and/or for the account and/or benefit of Multi-Strategy SubFund. Exhibit 24.1 - Joint Filing Agreement and Power of Attorney (incorporated by reference to Exhibit 24 to the Form 4 filed on December 18, 2006 by the reporting persons with respect to the issuer) Highland Capital Management, L.P. By: Strand Advisors, Inc., its general partner /s/ James D. Dondero, President 2007-05-16 EX-99 2 d46880_1ex991.txt ADDITIONAL EXHIBITS 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 May 14, 2007 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: May 16, 2007
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 May 14, 2007 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: May 16, 2007
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 May 14, 2007 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: May 16, 2007
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 May 14, 2007 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: May 16, 2007
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 May 14, 2007 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: May 16, 2007
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 May 14, 2007 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: May 16, 2007
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 May 14, 2007 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: May 16, 2007
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