SAIA INC — Director's Dealing 2015

May 5, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2015-05-01

Reporting Person: RAMU RAYMOND R (Chief Customer Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12936	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (6297.617)		Direct
Stock Options (Right to Buy)	$11.00	2019-02-02	Common Stock (7845)		Direct
Stock Options (Right to Buy)	$27.28	2020-04-29	Common Stock (6225)		Direct
Stock Options (Right to Buy)	$31.50	2021-02-03	Common Stock (4300)		Direct
Stock Options (Right to Buy)	$43.01	2022-02-03	Common Stock (4500)		Direct

Footnotes

F1: Immediate

F2: The shares of phantom stock become payable in the Company's stock upon reporting person's termination of service as an employee, in accordance with the terms of the Plan.

F3: The conversion rate of this derivative security on May 1, 2015 is 1.197 resulting in 7,538.34 shares of common stock (underlying security in column 3).