Kyle T. Larkin - 14 Mar 2024 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 2024
Transactions value $
-$442,053
Form type
4
Filing time
18 Mar 2024, 16:58:50 UTC
Previous filing
05 Jun 2023
Next filing
26 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVA Common Stock Award $0 +14.7K +18.08% $0.00 96K 14 Mar 2024 Direct F1, F2
transaction GVA Common Stock Tax liability -$103K -1.9K -1.98% $54.44 94.1K 14 Mar 2024 Direct F3
transaction GVA Common Stock Tax liability -$179K -3.29K -3.5% $54.44 90.8K 14 Mar 2024 Direct F4
transaction GVA Common Stock Tax liability -$160K -2.93K -3.23% $54.44 87.9K 14 Mar 2024 Direct F5
transaction GVA Common Stock Award $0 +81.7K +92.94% $0.00 170K 14 Mar 2024 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock units granted pursuant to the Granite Construction Incorporated 2021 Equity Incentive Plan (the "Plan"). The stock units vest in three equal annual installments on the first, second and third anniversaries of the grant date.
F2 Total adjusted to include dividend equivalents (DEUs: 138 - 7/14/23; 145 - 10/13/23; 108 - 1/12/24) credited to the Reporting Person under the dividend reinvestment feature of Granite Construction Incorporated's equity plans since the Reporting Person's last report.
F3 Shares surrendered for taxes due to vesting on March 14, 2024 (initial grant date 6/2/21).
F4 Shares surrendered for taxes due to vesting on March 14, 2024 (initial grant date 3/14/22).
F5 Shares surrendered for taxes due to vesting on March 14, 2024 (initial grant date 3/14/23).
F6 Stock units granted pursuant to the Plan. The stock units vest 100% ten days after the date of grant.