GRANITE CONSTRUCTION INC — Director's Dealing 2020

Mar 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRANITE CONSTRUCTION INC (GVA)
CIK: 0000861459
Period of Report: 2020-03-13

Reporting Person: Richards James D. (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-13	Common Stock	A	7862	—	Acquired	49411.89	Direct
2020-03-14	Common Stock	F	212	$12.72	Disposed	49199.89	Direct
2020-03-14	Common Stock	F	174	$12.72	Disposed	49025.89	Direct
2020-03-14	Common Stock	F	229	$12.72	Disposed	48796.89	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6330.18	Indirect

Footnotes

F1: Stock units granted pursuant to the Granite Construction Incorporated 2012 Equity Incentive Plan. The stock units vest in three equal annual installments on the first, second and third anniversaries of the Grant Date.

F2: Total adjusted to include dividend equivalents (DEUs: 35 - 1/15/20) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated 2012 Equity Incentive Plan since the Reporting Person's last report.

F3: Shares surrendered for taxes due to vesting on March 14, 2020 (initial grant date 3/14/17).

F4: Shares surrendered for taxes due to vesting on March 14, 2020 (initial grant date 3/14/18).

F5: Shares surrendered for taxes due to vesting on March 14, 2020 (initial grant date 3/14/19).

F6: Adjusted to reflect dividends earned under the dividend reinvestment feature of the ESOP Plan since the Reporting Person's last report.