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Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| FrontFour Capital Group | 0 | 1,065,376 | 0 | 1,065,376 | 1,065,376 | (see Item 5) 2.26% |
| FrontFour Value Fund | 0 | 703,500 | 0 | 703,500 | 703,500 | (see Item 5) 1.49% |
| FrontFour Value GP Inc | 0 | 703,500 | 0 | 703,500 | 703,500 | (see Item 5) 1.49% |
| FrontFour Master Fund, Ltd | 0 | 641,357 | 0 | 641,357 | 641,357 | (see Item 5) 1.36% |
| FrontFour Opportunity Fund | 0 | 26,624 | 0 | 26,624 | 26,624 | (see Item 5) Less than 1% |
| FrontFour Capital Corp | 0 | 26,624 | 0 | 26,624 | 26,624 | (see Item 5) Less than 1% |
| Stephen Loukas | 0 | 1,795,500 | 0 | 1,795,500 | 1,795,500 | (see Item 5) 3.81% |
| David A. Lorber | 0 | 1,795,500 | 0 | 1,795,500 | 1,795,500 | (see Item 5) 3.81% |
| Zachary George | 0 | 1,795,500 | 0 | 1,795,500 | 1,795,500 | (see Item 5) 3.81% |
| Sandpiper Asset Management Inc | 0 | 1,124,075 | 0 | 1,124,075 | 1,124,075 | (see Item 5) 2.39% |
| Sandpiper Real Estate Fund Limited Partnership | 0 | 255,225 | 0 | 255,225 | 255,225 | (see Item 5) Less than 1% |
| Stone Opportunity Limited Partnership | 0 | 868,850 | 0 | 868,850 | 868,850 | (see Item 5) 1.84% |
| Sandpiper GP Inc | 0 | 1,124,075 | 0 | 1,124,075 | 1,124,075 | (see Item 5) 2.39% |
| Samir A. Manji | 0 | 1,124,075 | 0 | 1,124,075 | 1,124,075 | (see Item 5) 2.39% |
| Salim Aziz Manji | 0 | 1,124,075 | 0 | 1,124,075 | 1,124,075 | (see Item 5) 2.39% |
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Page 1 of 32 – SEC Filing
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| SCHEDULE 13D | |
| Under the Securities Exchange Act of 1934 | |
| (Amendment No. )* | |
| Granite | |
| (Name of Issuer) | |
| Stapled Units, | |
| (Title of Class of Securities) | |
| 387437114 | |
| (CUSIP Number) | |
| Zachary George FrontFour Capital Group LLC 35 Mason Street, 4th Floor Greenwich, Connecticut 06830 (203) 274-9050 | |
| Samir A. Manji Sandpiper Asset Management Inc. 200 Burrard Street, Suite 1670, Vancouver, British Columbia (604) 558-4885 | |
| Walied Soliman, Esq. Heidi Reinhart, Esq. Norton Rose Fulbright Canada 200 Bay Street, Suite 3800 Toronto, Ontario M5J 2Z4 (416) 216-4820 | |
| Aneliya Crawford, Esq. Schulte Roth & Zabel LLP 919 Third Avenue New York, New York 10022 (212) 756-2372 | |
| (Name, Address and Telephone Number of Person | |
| Authorized to Receive Notices and Communications) | |
| April 25, | |
| (Date of Event Which Requires Filing of This Statement) | |
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