X0202 4 2004-02-25 0 0000839621 GRANITE BROADCASTING CORP GBTVK 0001240223 DEUSHANE JOHN GRANITE BROADCASTING CORP 767 3RD AVE 34TH FLOOR NEW YORK NY 10017 0 1 0 0 Chief Operating Officer Common Stock (Nonvoting) 2004-10-19 4 J 0 26220 A 169131 D Common Stock (Nonvoting) 2004-10-19 4 M 0 13780 A 182911 D Common Stock (Nonvoting) 2004-10-19 4 D 0 13780 0.25 D 169131 D Common Stock (Nonvoting) 2004-12-01 4 J 0 4555 A 173686 D Common Stock (Nonvoting) 2004-12-01 4 M 0 5445 A 179131 D Common Stock (Nonvoting) 2004-12-01 4 D 0 5445 0.4 D 173686 D Common Stock (Nonvoting) 2004-12-31 4 J 0 1639 A 175325 D Common Stock (Nonvoting) 2004-12-31 4 M 0 861 A 176186 D Common Stock (Nonvoting) 2004-12-31 4 D 0 861 0.4 D 175325 D Common Stock (Nonvoting) 239 I By wife Award under Management Stock Plan 2004-02-25 4 A 0 5000 A Common Stock (Nonvoting) 5000 5000 D Award under Management Stock Plan 2004-10-19 4 A 0 40000 A 2004-10-19 2004-10-19 Common Stock (Nonvoting) 40000 45000 D Award under Management Stock Plan 2004-10-19 4 J 0 26220 D 2004-10-19 2004-10-19 Common Stock (Nonvoting) 26220 18780 D Award under Management Stock Plan 2004-10-19 4 D 0 13780 0.25 D 2004-10-19 2004-10-19 Common Stock (Nonvoting) 13780 5000 D Award under Management Stock Plan 2004-12-01 4 A 0 10000 A 2004-12-01 2004-12-01 Common Stock (Nonvoting) 10000 15000 D Award under Management Stock Plan 2004-12-01 4 J 0 4555 D 2004-12-01 2004-12-01 Common Stock (Nonvoting) 4555 10445 D Award under Management Stock Plan 2004-12-01 4 D 0 5445 0.4 D 2004-12-01 2004-12-01 Common Stock (Nonvoting) 5445 5000 D Award under Management Stock Plan 2004-12-31 4 J 0 1639 D 2004-12-31 2004-12-31 Common Stock (Nonvoting) 1639 3361 D Award under Management Stock Plan 2004-12-31 4 D 0 861 0.4 D 2004-12-31 2004-12-31 Common Stock (Nonvoting) 861 2500 D Represents settlement of 40,000 units under the Granite Broadcasting Corporation Management Stock Plan. Settlement payment to reporting person consisted of 65.55% stock (26,220 shares) and 34.45% cash that was applied to applicable tax withholding payments. Not applicable. Represents settlement of 10,000 units under the Granite Broadcasting Corporation Management Stock Plan. Settlement payment to reporting person consisted of 45.55% stock (4,555 shares) and 54.45% cash that was applied to applicable tax withholding payments. Represents settlement of 2,500 units under the Granite Broadcasting Corporation Management Stock Plan. Settlement payment to reporting person consisted of 65.56% stock (1,639 shares) and 34.44% cash that was applied to applicable tax withholding payments. Mr. Deushane disclaims beneficial ownership with respect to shares held by his wife. 1-for-1 One-half of the total grant (or 2,500 units) vest, and 2,500 shares of Common Stock (Nonvoting) (or cash or a combination thereof) will be issued (or paid) in respect thereof, on each of December 31, 2004 and 2005. /s/ Lawrence I. Wills, Attorney in Fact for John Deushane 2005-03-25