SAIA INC — Director's Dealing 2020

Feb 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2020-02-10

Reporting Person: HOLZGREFE FREDERICK J III (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-10	Common Stock	F	2054.00	$97.06	Disposed	35746.00	Direct
2020-02-11	Common Stock	S	6400.00	$97.026	Disposed	29346.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-10	Phantom Stock	$	I	720.835	Acquired		Common Stock (720.835)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$100.20	2027-02-06	Common Stock (7660.00)	7660.00	Direct
Stock Options (Right to Buy)	$73.35	2025-02-06	Common Stock (8120.00)	8120.00	Direct
Stock Options (Right to Buy)	$66.03	2026-02-07	Common Stock (11430.00)	11430.00	Direct
Stock Options (Right to Buy)	$46.35	2024-02-07	Common Stock (6190.00)	6190.00	Direct

Footnotes

F1: Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2016.

F2: The conversion rate of this derivative security on February 10, 2020 is 1.1788 resulting in 4,747.050 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.

F5: 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.