GRANITE CONSTRUCTION INC — Director's Dealing 2010

Sep 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRANITE CONSTRUCTION INC (GVA)
CIK: 0000861459
Period of Report: 2010-09-20

Reporting Person: MCDONALD REBECCA ANN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-15	Common Stock	M	422	$8.5333	Acquired	13742.6577	Direct
2010-07-15	Common Stock	A	41.7634	$23.58	Acquired	13784.4211	Direct
2010-09-20	Common Stock	M	480	$7.5033	Acquired	14264.4211	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-15	Option (Right to Buy)	$8.5333	M	422	Disposed	2010-06-29	Common Stock (422)	Direct
2010-09-20	Option (Right to Buy)	$7.5033	M	480	Disposed	2010-09-29	Common Stock (480)	Direct

Footnotes

F1: Includes 7,629.4211 stock units and dividend shares on stock units.