X0306 4 2017-03-13 0000861459 GRANITE CONSTRUCTION INC GVA 0001493187 Krzeminski Laurel J 585 W. BEACH STREET WATSONVILLE CA 95076 1 Executive Vice President & CFO Common Stock 2017-03-13 4 F 0 728 51.19 D 54853.9022 D Common Stock 2017-03-14 4 S 0 3174 50.11 D 51679.9022 D Shares surrendered for taxes due to vesting on March 13, 2017 (initial grant date 3/13/15). The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range. Total adjusted to include 205 dividends (DEUs: 29 - 4/15/16; 31 - 7/15/16; 28 - 10/14/16; 25 - 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, and shares purchased pursuant to the Granite Construction Incorporated 2009 Employee Stock Purchase Program (the "Purchase Plan"), purchases of 53 shares on 5/13/16 and 38 shares on 11/14/16. Richard A. Watts, attorney-in-fact for Ms. Krzeminski 2017-03-14