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GRANITE CONSTRUCTION INC Director's Dealing 2011

Mar 15, 2011

31052_dirs_2011-03-15_68d200e7-1f25-443f-bb1c-e8e0396d9724.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRANITE CONSTRUCTION INC (GVA)
CIK: 0000861459
Period of Report: 2011-03-11

Reporting Person: Roberts James Hildebrand (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-11	Common Stock	A	17749	—	Acquired	69370	Direct
2011-03-11	Common Stock	F	1377	$28.17	Disposed	67993	Direct
2011-03-13	Common Stock	F	2110	$28.17	Disposed	65883	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	127585	Indirect

Footnotes

F1: Stock Units granted pursuant to the Granite Construction Incorporated Amended and Restated 1999 Equity Incentive Plan. The stock units vest over a 3 year period, vesting 1/3 per year beginning one year from grant date.

F2: Shares surrendered for taxes due to vesting on March 11, 2011.

F3: Shares surrendered for taxes due to vesting on March 13, 2011.

F4: Previously reported