X0306 4 2017-03-13 0000861459 GRANITE CONSTRUCTION INC GVA 0001566041 Richards James D. 585 WEST BEACH STREET WATSONVILLE CA 95076 1 Senior Vice President Common Stock 2017-03-13 4 F 0 513 51.19 D 21349.89 D Common Stock 6102.06 I by ESOP Shares surrendered for taxes due to vesting on March 13, 2017 (initial grant date 3/13/15). Total adjusted to include dividend equivalents (DEUs: 28 - 1/15/16; 21 - 4/15/16; 22 - 7/15/16; 20 - 10/14/16; 18 - 1/13/17) 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. Adjusted to reflect dividends earned under the dividend reinvestment feature of the ESOP Plan since the Reporting Person's last report. Richard A. Watts, attorney-in-fact for James D. Richards 2017-03-14