SAIA INC — Director's Dealing 2023

Aug 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2023-08-02

Reporting Person: SUGAR PATRICK D (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-02	Common Stock	M	753.00	$200.81	Acquired	9622.00	Direct
2023-08-02	Common Stock	M	426.00	$277.86	Acquired	10048.00	Direct
2023-08-02	Common Stock	S	753.00	$426.6457	Disposed	9295.00	Direct
2023-08-02	Common Stock	S	1592.00	$426.5908	Disposed	7703.00	Direct
2023-08-02	Common Stock	S	426.00	$426.4651	Disposed	7277.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-02	Stock Options (Right to Buy)	$277.86	M	426.00	Disposed	2029-02-07	Common Stock (426.00)	Direct
2023-08-02	Stock Options (Right to Buy)	$200.81	M	753.00	Disposed	2028-02-11	Common Stock (753.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (317.30)	317.30	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $426.57 USD to $426.77 USD; the price reported above reflects the weighted average sale price.

F2: This transaction was executed in multiple trades at prices ranging from $426.39 USD to $426.57 USD; the price reported above reflects the weighted average sale price.

F3: 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.

F4: The conversion rate of this derivative security on August 2, 2023 is 1.1270 resulting in 357.598 shares of common stock (underlying security in column 7).

F5: Immediate

F6: 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.