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SAIA INC Director's Dealing 2011

Mar 11, 2011

30746_dirs_2011-03-11_2f5be52f-d153-4b4b-9547-d16fe44f01f5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2011-03-09

Reporting Person: ODELL RICHARD D (President & CEO of Saia)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-09 Common Stock A 10076 $15.49 Acquired 62938 Direct
2011-03-09 Common Stock F 3328 $15.49 Disposed 59610 Direct
2011-03-09 Common Stock F 2759 $15.49 Disposed 56851 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $12.10 2017-02-01 Common Stock (22360) 22360 Direct
Phantom Stock $0 Common Stock (41565.79) 41565.79 Direct
Stock Options (Right to Buy) $23.00 2012-02-02 Common Stock (5880) 5880 Direct
Stock Options (Right to Buy) $27.38 2013-01-27 Common Stock (9560) 9560 Direct
Stock Options (Right to Buy) $26.72 2014-02-01 Common Stock (11750) 11750 Direct
Stock Options (Right to Buy) $26.72 2017-02-01 Common Stock (19990) 19990 Direct
Stock Options (Right to Buy) $14.71 2015-01-31 Common Stock (26040) 26040 Direct
Stock Options (Right to Buy) $11.96 2016-02-02 Common Stock (22400) 22400 Direct

Footnotes

F1: The options vest one-third in year three, one-third in year four and one-third in year five.

F2: Conversion rate of this derivative security on March 9, 2011 is 0.8441 resulting in 35,084.94 shares of common stock (underlying security in column 7).

F3: Immediate

F4: The shares of phantom stock become payable, in stock, upon reporting person's termination of service as an employee

F5: Issuance of Performance Unit Awards under the Amended and Restated 2003 Omnibus Incentive Plan for the 2008-2010 performance period.

F6: Shares withheld at officer's election to cover tax liabilities incurred upon the issuance of Performance Unit Awards under the Amended and Restated 2003 Omnibus Incentive Plan for the 2008-2010 performance period.

F7: Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2008.