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SAIA INC — Director's Dealing 2015
Feb 5, 2015
30746_dirs_2015-02-05_9a9ecff6-072a-42b7-adb6-a01613f8ffdd.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: 2015-02-03
Reporting Person: ODELL RICHARD D (President & CEO of Saia)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-03 | Common Stock | A | 45630 | — | Acquired | 107523.5 | Direct |
| 2015-02-03 | Common Stock | F | 21913 | $43.01 | Disposed | 85610.5 | Direct |
| 2015-02-04 | Common Stock | S | 55889 | $42.337 | Disposed | 29721.5 | Direct |
| 2015-02-03 | Common Stock | F | 5449 | $43.01 | Disposed | 24272.5 | Direct |
| 2015-02-04 | Common Stock | M | 52950 | $11.00 | Acquired | 77222.5 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-03 | Stock Options (Right to Buy) | $43.01 | A | 41950 | Acquired | 2022-02-03 | Common Stock (41950) | Direct |
| 2015-02-04 | Stock Options (Right to Buy) | $11.00 | M | 52950 | Disposed | 2019-02-02 | Common Stock (52950) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (43070.538) | 43070.538 | Direct | |
| Stock Options (Right to Buy) | $27.28 | 2020-04-29 | Common Stock (45885) | 45885 | Direct |
| Stock Options (Right to Buy) | $31.50 | 2021-02-03 | Common Stock (39600) | 39600 | Direct |
Footnotes
F1: Issuance of Performance Unit Awards under the 2011 Omnibus Incentive Plan for the 1/1/12-12/31/14 performance period.
F2: Shares withheld at officer's election to cover tax liabilities incurred upon the issuance of Performance Unit Awards under the 2011 Omnibus Incentive Plan for the 1/1/12-12/31/14 performance period.
F3: The prices reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.00 to $42.61, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F4: Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2012.
F5: The conversion rate of this derivative security on February 3, 2015 is 1.2031 resulting in 51,818.09 shares of common stock (underlying security in column 7).
F6: Immediate
F7: 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.