GRANITE CONSTRUCTION INC — Director's Dealing 2011

Feb 11, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: GRANITE CONSTRUCTION INC (GVA)
CIK: 0000861459
Period of Report: 2010-12-31

Reporting Person: Powell William Howard (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-15	Common Stock	A	29.3394	$22.74	Acquired	39867.2849	Direct
2010-10-15	Common Stock	A	135.324	$23.743	Acquired	40003.1689	Direct

Footnotes

F1: Dividends on stock units granted pursuant to the Granite Construction Incorporated Amended and Restated 1999 Equity Incentive Plan.

F2: Dividends acquired pursuant to the Granite Construction incorporated Dividend Reinvestment and Stock Purchase Plan.

F3: Includes 5,161.4785 stock units and dividends on stock units.

F4: Total adjusted for fractional shares, additional .56 share included in share total.