SAIA INC — Director's Dealing 2014

Aug 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2014-08-19

Reporting Person: BUCHHOLZ SALLY R (VP Marketing/Customer Service)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-19	Common Stock	M	8490	$10.9267	Acquired	22183.25	Direct
2014-08-19	Common Stock	S	8490	$48.8453	Disposed	13693.25	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-19	Stock Options (Right to Buy)	$10.9267	M	8490	Disposed	2018-05-01	Common Stock (8490)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (8341.12)	8341.12	Direct
Stock Options (Right to Buy)	$11.00	2019-02-02	Common Stock (10425)	10425	Direct
Stock Options (Right to Buy)	$27.28	2020-04-29	Common Stock (8745)	8745	Direct
Stock Options (Right to Buy)	$31.50	2021-02-03	Common Stock (6040)	6040	Direct

Footnotes

F1: The conversion rate of this derivative security on August 19, 2014 is 1.2026 resulting in 10,031.09 shares of common stock (underlying security in column 7).

F2: Immediate

F3: The shares of phantom stock become payable, in stock, upon reporting person's termination of service as an employee, in accordance with the terms of the Plan.