SAIA INC — Director's Dealing 2018

Feb 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2018-02-06

Reporting Person: RAMU RAYMOND R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-06	Common Stock	A	1397.00	$0.00	Acquired	15100.00	Direct
2018-02-06	Common Stock	A	2093.00	$0.00	Acquired	17193.00	Direct
2018-02-06	Common Stock	F	636.00	$73.35	Disposed	16557.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-06	Stock Options (Right to Buy)	$73.35	A	3920.00	Acquired	2025-02-06	Common Stock (3920.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (7073.244)	7073.244	Direct
Stock Options (Right to Buy)	$46.35	2024-02-07	Common Stock (3580.00)	3580.00	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: Restricted shares granted as part of the long-term incentive program approved by the Compensation Committee. The restricted stock award cliff vests in year three.

F2: Issuance of Performance Unit Awards under the 2011 Omnibus Incentive Plan for the 1/1/15-12/31/17 performance period.

F3: 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 1/1/15-12/31/17 performance period.

F4: The conversion rate of this derivative security on February 6, 2018 is 1.1841 resulting in 8,375.43 shares of common stock (underlying security in column 7).

F5: Immediate

F6: 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.