GRANITE CONSTRUCTION INC — Director's Dealing 2012

Jun 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRANITE CONSTRUCTION INC (GVA)
CIK: 0000861459
Period of Report: 2012-06-21

Reporting Person: NIEBLA JESUS FERNANDO (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-21	Common Stock	M	390	$12.095	Acquired	16709.4755	Direct
2012-06-21	Common Stock	M	578	$8.3145	Acquired	17330.3276	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-21	Option (Right to Buy)	$12.095	M	390	Disposed	2012-06-30	Common Stock (390)	Direct
2012-06-21	Option (Right to Buy)	$8.3145	M	578	Disposed	2012-09-30	Common Stock (578)	Direct

Footnotes

F1: Total adjusted to include dividend equivalents credited to the Reporting Person under the dividend reinvestment feature of the Plan since the Reporting Person's last report (42.8521 shares on 4/15/12).