SAIA INC — Director's Dealing 2012

Dec 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2012-12-14

Reporting Person: ROCKEL DOUGLAS WAYNE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-14	Common Stock	M	7500	$12.05	Acquired	9575	Direct
2012-12-14	Common Stock	S	7500	$22.0443	Disposed	2075	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-14	Stock Options (Right to Buy)	$12.05	M	7500	Disposed	2013-04-23	Common Stock (7500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$1.00		Common Stock (26214)	26214	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.