SAIA INC — Director's Dealing 2016

Dec 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2016-12-09

Reporting Person: RAMU RAYMOND R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-09	Common Stock	M	7845.00	$11.00	Acquired	19451.00	Direct
2016-12-09	Common Stock	S	7845.00	$47.6258	Disposed	11606.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-09	Stock Options (Right to Buy)	$11.00	M	7845.00	Disposed	2019-02-02	Common Stock (7845.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (7073.244)	7073.244	Direct
Stock Options (Right to Buy)	$27.28	2020-04-29	Common Stock (6225.00)	6225.00	Direct
Stock Options (Right to Buy)	$31.50	2021-02-03	Common Stock (4300.00)	4300.00	Direct
Stock Options (Right to Buy)	$43.01	2022-02-03	Common Stock (4500.00)	4500.00	Direct
Stock Options (Right to Buy)	$27.45	2023-02-08	Common Stock (13440.00)	13440.00	Direct

Footnotes

F1: The conversion rate of this derivative security on December 9, 2016 is 1.2035 resulting in 8,512.76 shares of common stock (underlying security in column 7).

F2: Immediate

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