Gray Television Inc - Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2008 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* ROBINSON J MACK	2. Issuer Name and Ticker or Trading Symbol GRAY TELEVISION INC [ GTN ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director _____ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) Chairman & CEO
(Last) (First) (Middle) 4370 PEACHTREE ROAD,NE	3. Date of Earliest Transaction (MM/DD/YYYY) 4/29/2008
(Street) ATLANTA, GA 30319 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ 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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock (GTN)								136450	D
Common Stock (GTN)								102500	I	Spouse
Common Class A Stock (GTN.A)	4/29/2008		P		5500	A	$6.00	756140	I	Spouse
Common Stock (GTN)								72250	I	Spouse as Trustee for Children
Common Class A Stock (GTN.A)								1189180	I	Spouse as Trustee for Children
Common Stock (GTN)								35000	I	Delta Fire & Casualty Ins. Co.
Common Class A Stock (GTN.A)								33750	I	Delta Fire & Casualty Ins. Co.
Common Stock (GTN)								10000	I	Delta Life Ins. Co.
Common Class A Stock (GTN.A)								135795	I	Delta Life Ins. Co.
Common Class A Stock (GTN.A)								221706	I	Bankers Fidelity Life Ins. Co.
Common Stock (GTN)								6000	I	Georgia Casualty & Surety Co.
Common Class A Stock (GTN.A)								132354	I	Georgia Casualty & Surety Co.
Common Stock (GTN)								50000	I	Association Casualty Insurance Co.
Common Class A Stock (GTN.A)								32000	I	Association Casualty Insurance Co.
Common Stock (GTN)								50000	I	American Southern Insurance Co.
Common Stock (GTN)								5518 ⁽¹⁾	D
Common Class A Stock (GTN.A)								125700	I	Gulf Capital Services, Ltd.
Common Stock (GTN)								2400	I ⁽²⁾	Spouse
Common Class A Stock (GTN.A)								1055976	D

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option - Class A Common Stock (GTN.A)	$15.39 ⁽³⁾							11/19/2000	11/19/2008	GTN.A ⁽³⁾	11570 ⁽³⁾		11570 ⁽³⁾	D
Option - Common Stock (GTN)	$10.93 ⁽³⁾							11/20/2005	11/20/2008	GTN ⁽³⁾	45720 ⁽³⁾		45720 ⁽³⁾	D
Options-Common Stock (GTN)	$9.71 ⁽³⁾							6/7/2005	6/7/2010	GTN ⁽³⁾	142875 ⁽³⁾		142875 ⁽³⁾	D
Options-Common Stock (GTN)	$7.64							2/1/2010	2/1/2013	GTN	300000		300000	D

Explanation of Responses:
( 1)	Held in 401K plan and based on plan statement as of 12/31/07.
( 2)	Shares are held in an IRA account.
( 3)	Reflects anti-dilution adjustment undertaken as a result of the spin-off completed on December 30, 2005.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ROBINSON J MACK 4370 PEACHTREE ROAD,NE ATLANTA, GA 30319	X		Chairman & CEO

Signatures
Dottie Boudreau by power of attorney		4/30/2008
^** 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).
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