Larkin Kyle T. - 14 Mar 2023 Form 4 Insider Report for GRANITE CONSTRUCTION INC (GVA)

Signature
/s/ Betty Kwong, attorney-in-fact for Kyle T. Larkin
Issuer symbol
GVA
Transactions as of
14 Mar 2023
Net transactions value
-$204,640
Form type
4
Filing time
15 Mar 2023, 20:10:25 UTC
Previous filing
14 Mar 2023
Next filing
27 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVA Common Stock Award $0 +17,144 +27% $0.000000 79,553 14 Mar 2023 Direct F1
transaction GVA Common Stock Award $0 +20,645 +26% $0.000000 100,198 14 Mar 2023 Direct F2
transaction GVA Common Stock Tax liability $74,882 -1,834 -1.8% $40.83 98,364 14 Mar 2023 Direct F3
transaction GVA Common Stock Tax liability $129,758 -3,178 -3.2% $40.83 95,186 14 Mar 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted pursuant to the Granite Construction Incorporated 2021 Equity Incentive Plan (the "Plan"). The restricted stock units vest in three equal annual installments on the first, second and third anniversaries of the grant date.
F2 Restricted stock units granted pursuant to the Plan. The restricted stock units vest 100% ten days after the date of grant.
F3 Shares surrendered for taxes due to vesting on March 14, 2023 (initial grant date 6/2/21).
F4 Shares surrendered for taxes due to vesting on March 14, 2023 (initial grant date 3/14/22).