SAIA INC — Director's Dealing 2010

May 6, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2010-05-04

Reporting Person: OLSON JAMES A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-04	Phantom Stock	$1.00	A	3924	Acquired		Common Stock (3924)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1037	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$12.05	2013-04-23	Common Stock (7500)	7500	Direct
Stock Options (Right to Buy)	$23.25	2014-04-22	Common Stock (5000)	5000	Direct

Footnotes

F1: The shares of phantom stock become payable in the Company's common stock upon the reporting person's termination of service as a Director.