X0303 4 2010-09-01 1 0000861459 GRANITE CONSTRUCTION INC GVA 0001185107 DOREY WILLIAM GLENWOOD 585 W. BEACH STREET WATSONVILLE CA 95076 1 0 0 0 Common Stock 2010-09-01 4 A 0 2423 22.70 A 48978 D Common Stock 199248 I Family Trust Common Stock 0 2010-01-15 5 A 0 66.47 0 A Common Stock 66.47 17620.8322 D Common Stock 0 2010-04-15 5 A 0 71.54 0 A Common Stock 71.54 17692.3722 D Granted pursuant to the Granite Construction Incorporated Amended & Restated 1999 Equity Incentive Plan. Shares vest May 20, 2011. Includes a distribution of 80 shares from Mr. Dorey's ESOP on August 20, 2010. Previously reported. Dividends accrued on performance-based compensation stock. Performance-based compensation stock and dividends vested upon retirement, August 31, 2010; however, Mr. Dorey chose to defer payment. Beginning April 1, 2011, Mr. Dorey will receive the shares annually in 10 equal installments No expiration date. Terry K. Eller, Secretary, for William G. Dorey 2010-09-03