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4//SEC Filing

WATTS DAVID HENDERSON 4

Accession 0001185114-10-000002

CIK 0000861459other
View on SEC.govCompany Profile

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 6:31 PM ET

Size

22.3 KB

Accession

0001185114-10-000002

Insider Transaction Report

Form 4
Period: 2010-11-30
GRANITE CONSTRUCTION INCGVA
WATTS DAVID HENDERSON
Director
Transactions
  • Award

    Common Stock

    2010-11-30$25.37/sh+6,184$156,888→ 17,369.928 total
  • Tax Payment

    Common Stock

    2010-11-30$25.37/sh−1,546$39,222→ 15,823.928 total
  • Disposition to Issuer

    Performance Units (Right to Receive)

    2010-11-30−6,184→ 49,472.174 total
    Exercise: $0.00→ Common Stock (6,184 underlying)
  • Award

    Performance Units [Right to Receive]

    2010-07-15+304.976→ 55,341.36 total
    Exercise: $0.00→ Common Stock (304.976 underlying)
  • Award

    Performance Units (Right to Receive]

    2010-10-15+314.815→ 55,656.174 total
    Exercise: $0.00→ Common Stock (314.815 underlying)
  • Award

    Common Stock

    2010-10-15$22.74/sh+24.865$565→ 11,185.928 total
  • Award

    Common Stock

    2010-07-15$23.58/sh+23.848$562→ 11,161.063 total
Holdings

  • Common Stock

    (indirect: by ESOP)
    223
Footnotes (9)
  • [F1]Dividends on stock units granted pursuant to the Granite Construction Incorporated Amended and Restated 1999 Equity Incentive Plan.
  • [F2]Includes 4,349.4727 stock units and dividend shares on stock units.
  • [F3]Includes 4,374.3377 stock units and dividend shares on stock units.
  • [F4]This distribution represents the second of 10 installments of performance-based compensation and accrued dividends. The deferred performance-based compensation is paid in shares of common stock issued under the Granite Construction Incorporated Amended and Restated 1999 Equity Incentive Plan. Shares accrue dividends, payable upon distribution of shares of common stock. Mr. Watts elected to receive the shares annually in 10 equal installments.
  • [F5]Shares surrendered for taxes upon stock distribution.
  • [F6]Previously reported.
  • [F7]Dividends on performance-based compensation.
  • [F8]Each performance right represents a right to receive one share of common stock. The performance rights vested upon acquisition; however, because Mr. Watts chose to defer payment, the stock became payable upon retirement.
  • [F9]No expiration date.

Documents

2 files

Issuer

GRANITE CONSTRUCTION INC

CIK 0000861459

→
Entity typeother

Related Parties

1
  • filerCIK 0001185114

Filing Metadata

Form type
4
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 6:31 PM ET
Size
22.3 KB
View on SEC.gov