FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GILBERTSON JAMES G 		2. Issuer Name and Ticker or Trading Symbol

GRANITE CITY FOOD & BREWERY LTD. [ GCFB ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

701 XENIA AVENUE SOUTH, STE 120 		3. Date of Earliest Transaction (MM/DD/YYYY)

1/1/2014
(Street)

MINNEAPOLIS, MN 55416
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

1/9/2014 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock                  7500   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   (1) $2.10   (2) 1/1/2014     A      20000         (3) 1/1/2024   Common Stock   20000   $0.00   20000   D    
Stock Option (right to buy)   $2.117                      (4) 1/1/2023   Common Stock   20000     20000   D    
Stock Option (right to buy)   $2.00                    12/28/2011   11/29/2017   Common Stock   29166     29166   D    
Stock Option (right to buy)   $2.00                      (5) 12/28/2020   Common Stock   34244     34244   D    
Stock Option (right to buy)   $2.25                      (6) 5/26/2020   Common Stock   75000     75000   D    
Stock Option (right to buy)   $1.0752                      (7) 4/2/2019   Common Stock   12500     12500   D    

Explanation of Responses:
( 1)  This option was granted under the Company's Long-Term Incentive Plan, which meets the requirements of Rule 16b-3.
( 2)  Represents fair market value on the date of grant as determined by the Company's Compensation Committee.
( 3)  This option vests in three equal annual installments commencing on January 1, 2015.
( 4)  This option vests in three equal annual installments commencing on January 1, 2014.
( 5)  This option vested in three equal annual installments commencing on December 28, 2011.
( 6)  This option vested in four equal installments on August 25, 2010, May 26, 2011, May 26, 2012 and May 26, 2013.
( 7)  This option vested in three equal annual installments commencing on April 2, 2010.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GILBERTSON JAMES G
701 XENIA AVENUE SOUTH, STE 120
MINNEAPOLIS, MN 55416

Chief Financial Officer

Signatures
/s/ Monica A. Underwood, attorney-in-fact 2/6/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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