SAIA INC — Director's Dealing 2014

May 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2014-05-15

Reporting Person: Balius Brian A (VP-Transportation and Engineer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-15	Common Stock	M	6150	$10.93	Acquired	33470	Direct
2014-05-15	Common Stock	S	6150	$41.00	Disposed	27320	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-15	Stock Options (Right to Buy)	$10.9267	M	6150	Disposed	2018-05-01	Common Stock (6150)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (9389.345)	9389.345	Direct
Stock Options (Right to Buy)	$11.00	2019-02-02	Common Stock (10065)	10065	Direct
Stock Options (Right to Buy)	$27.28	2020-04-29	Common Stock (9510)	9510	Direct
Stock Options (Right to Buy)	$31.50	2021-02-03	Common Stock (6570)	6570	Direct

Footnotes

F1: Conversion rate of this derivative security on May 15, 2014 is 1.2085 resulting in 11,347.11 shares of common stock (underlying security in column 7).

F2: Immediate

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