SAIA INC — Director's Dealing 2019

May 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2019-05-01

Reporting Person: RAMU RAYMOND R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-01	Common Stock	F	412.00	$64.32	Disposed	17248.00	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (7073.244)	7073.244	Direct
Stock Options (Right to Buy)	$73.35	2025-02-06	Common Stock (3920.00)	3920.00	Direct
Stock Options (Right to Buy)	$66.03	2026-02-07	Common Stock (6500.00)	6500.00	Direct
Stock Options (Right to Buy)	$46.35	2024-02-07	Common Stock (3580.00)	3580.00	Direct
Stock Options (Right to Buy)	$27.45	2023-02-08	Common Stock (13440.00)	13440.00	Direct

Footnotes

F1: Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in May 2015.

F2: The conversion rate of this derivative security on May 1, 2019 is 1.1931 resulting in 8,439.285 shares of common stock (underlying security in column 7).

F3: Immediate

F4: 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.