SAIA INC — Director's Dealing 2021

Feb 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2021-02-11

Reporting Person: RAMU RAYMOND R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-11	Common Stock	F	2252.00	$200.81	Disposed	5762.00	Direct
2021-02-11	Common Stock	A	5590.00	$0.00	Acquired	11352.00	Direct
2021-02-11	Common Stock	A	833.00	$0.00	Acquired	12185.00	Direct
2021-02-12	Common Stock	M	3920.00	$73.35	Acquired	16105.00	Direct
2021-02-12	Common Stock	M	1626.00	$100.20	Acquired	17731.00	Direct
2021-02-12	Common Stock	S	3338.00	$202.0409	Disposed	14393.00	Direct
2021-02-12	Common Stock	S	3920.00	$204.0478	Disposed	10473.00	Direct
2021-02-12	Common Stock	S	1626.00	$204.6156	Disposed	8847.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-11	Stock Options (Right to Buy)	$200.81	A	2100.00	Acquired	2028-02-11	Common Stock (2100.00)	Direct
2021-02-12	Stock Options (Right to Buy)	$100.20	M	1626.00	Disposed	2027-02-06	Common Stock (1626.00)	Direct
2021-02-12	Stock Options (Right to Buy)	$73.35	M	3920.00	Disposed	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)	$66.03	2026-02-07	Common Stock (6500.00)	6500.00	Direct

Footnotes

F1: Shares withheld at officer's election to cover tax liabilities incurred upon the issuance of Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/18-12/31/20 performance period.

F2: Issuance of Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/18-12/31/20 performance period.

F3: 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.

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.

F5: The conversion rate of this derivative security on February 11, 2021 is 1.1485 resulting in 8,123.932 shares of common stock (underlying security in column 7).

F6: Immediate

F7: 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.