SAIA INC — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2020-02-21

Reporting Person: MASCHMEIER STEPHANIE (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-21	Common Stock	M	1630.00	$46.35	Acquired	5306.00	Direct
2020-02-21	Common Stock	S	1630.00	$102.9448	Disposed	3676.00	Direct
2020-02-21	Common Stock	S	2226.00	$102.9299	Disposed	1450.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-21	Stock Options (Right to Buy)	$46.35	M	1630.00	Disposed	2024-02-07	Common Stock (1630.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (7136.734)	7136.734	Direct
Stock Options (Right to Buy)	$100.20	2027-02-06	Common Stock (1450.00)	1450.00	Direct
Stock Options (Right to Buy)	$73.35	2025-02-06	Common Stock (1270.00)	1270.00	Direct
Stock Options (Right to Buy)	$66.03	2026-02-07	Common Stock (1580.00)	1580.00	Direct

Footnotes

F1: The conversion rate of this derivative security on February 21, 2020 is 1.1765 resulting in 8,396.399 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.

F4: Stock Options granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the award vests each year on the anniversary of the grant date.