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SAIA INC Director's Dealing 2012

Feb 4, 2012

30746_dirs_2012-02-03_df129d2a-6bf4-40df-80d6-4e6a1feeb27e.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: 2012-02-02

Reporting Person: Robinson Mark H (Vice President of IT)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-02-02 Common Stock A 3217 $16.50 Acquired 12508 Direct
2012-02-02 Common Stock F 1180 $16.50 Disposed 11328 Direct
2012-02-02 Common Stock A 9091 $16.50 Acquired 20419 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-02-02 Stock Options (Right to Buy) $16.50 A 7420 Acquired 2019-02-02 Common Stock (7420) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $12.10 2017-02-01 Common Stock (6840) 6840 Direct
Phantom Stock $ Common Stock (11712.357) 11712.357 Direct
Stock Options (Right to Buy) $16.88 2012-08-24 Common Stock (1310) 1310 Direct
Stock Options (Right to Buy) $27.38 2013-01-27 Common Stock (3570) 3570 Direct
Stock Options (Right to Buy) $26.72 2014-02-01 Common Stock (3430) 3430 Direct
Stock Options (Right to Buy) $14.71 2015-01-31 Common Stock (7970) 7970 Direct
Stock Options (Right to Buy) $11.96 2016-02-02 Common Stock (6860) 6860 Direct
Stock Options (Right to Buy) $16.39 2018-05-01 Common Stock (6040) 6040 Direct
Stock Options (Right to Buy) $15.07 2018-07-28 Common Stock (11000) 11000 Direct

Footnotes

F1: Immediate

F2: The shares of phantom stock become payable, in stock, upon reporting person's termination of service as an employee

F3: Conversion rate of this derivative security on February 2, 2012 is 0.8512 resulting in 9,969.27 shares of common stock (underlying security in column 7).

F4: Issuance of Performance Unit Awards under the Amended and Restated 2003 Omnibus Incentive Plan for the 2009-2011 performance period.

F5: 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 2009-2011 performance period.

F6: Restricted shares granted as part of the long-term incentive program approved by the Compensation Committee to address retention. The restricted stock award vests 25% in year three, 25% in year four and 50% in year five.