GRANITE CONSTRUCTION INC — Director's Dealing 2012

Sep 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRANITE CONSTRUCTION INC (GVA)
CIK: 0000861459
Period of Report: 2012-09-10

Reporting Person: DOREY WILLIAM GLENWOOD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-10	Common Stock	S	13211	$29.0618	Disposed	189683	Indirect
2012-09-11	Common Stock	S	16789	$29.0382	Disposed	172894	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8320	Direct

Footnotes

F1: The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.

F2: Sales prices range from $28.94 to $29.20.

F3: Total adjusted to reflect that 5,556 shares previously reported as being directly owned are owned indirectly through the Reporting Person's Family Trust and to eliminate an over reporting of 176 directly held shares, which adjustments reconcile with Reporting Person's records.

F4: Sales prices range from $29.00 to $29.14.

F5: Total adjusted to include 21 dividend equivalents credited to Reporting Person under the dividend reinvestment feature of the Issuer's 2012 Equity Incentive Plan since the Reporting Person's last report.