SAIA INC — Director's Dealing 2016

Feb 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2016-02-24

Reporting Person: ODELL RICHARD D (President & CEO of Saia)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-24	Phantom Stock	$	I	1913.21	Acquired		Common Stock (1913.21)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	42531.5	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$27.28	2020-04-29	Common Stock (45885)	45885	Direct
Stock Options (Right to Buy)	$27.45	2023-02-08	Common Stock (73740)	73740	Direct
Stock Options (Right to Buy)	$31.50	2021-02-03	Common Stock (39600)	39600	Direct
Stock Options (Right to Buy)	$43.01	2022-02-03	Common Stock (41950)	41950	Direct

Footnotes

F1: The conversion rate of this derivative security on February 24, 2016 is 1.2104 resulting in 58,266.551 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.