GRANITE CONSTRUCTION INC — Director's Dealing 2016

Dec 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRANITE CONSTRUCTION INC (GVA)
CIK: 0000861459
Period of Report: 2016-12-06

Reporting Person: Bjork Claes (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-06	Common Stock	M	1325	$49.06	Acquired	48042.7278	Direct
2016-12-06	Common Stock	S	1325	$59.80	Disposed	46717.7278	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-06	Stock Options (Right to Buy)	$49.06	M	1325	Disposed	2016-12-30	Common Stock (1325)	Direct

Footnotes

F1: Total adjusted to include dividend equivalents (DEUs: 54 - 7/15/16 & 49 - 10/14/16) credited to the Reporting Person under the dividend reinvestment feature of the Plan since the Reporting Person's last report.