SAIA INC — Director's Dealing 2022

Nov 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2022-11-11

Reporting Person: SUGAR PATRICK D (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-11	Common Stock	M	1450.00	$66.03	Acquired	7484.00	Direct
2022-11-11	Common Stock	S	1450.00	$250.7697	Disposed	6034.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-11	Stock Options (Right to Buy)	$66.03	M	1450.00	Disposed	2026-02-07	Common Stock (1450.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (317.30)	317.30	Direct
Stock Options (Right to Buy)	$277.86	2029-02-07	Common Stock (1280.00)	1280.00	Direct
Stock Options (Right to buy)	$200.81	2028-02-11	Common Stock (1130.00)	1130.00	Direct
Stock Options (Right to buy)	$100.20	2027-02-06	Common Stock (980.00)	980.00	Direct

Footnotes

F1: The conversion rate of this derivative security on November 11, 2022 is 1.1547 resulting in 366.397 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.