SAIA INC — Director's Dealing 2023

Aug 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2023-08-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-01	Common Stock	M	1690.00	$277.86	Acquired	15655.00	Direct
2023-08-01	Common Stock	M	4306.00	$200.81	Acquired	19961.00	Direct
2023-08-01	Common Stock	S	1690.00	$425.6435	Disposed	18271.00	Direct
2023-08-01	Common Stock	S	4306.00	$425.6435	Disposed	13965.00	Direct
2023-08-01	Common Stock	S	1000.00	$426.6697	Disposed	12965.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-01	Stock Options (Right to Buy)	$277.86	M	1690.00	Disposed	2029-02-07	Common Stock (1690.00)	Direct
2023-08-01	Stock Options (Right to Buy)	$200.81	M	4306.00	Disposed	2028-02-11	Common Stock (4306.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (6195.593)	6195.593	Direct

Footnotes

F1: 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.

F2: The conversion rate of this derivative security on August 1, 2023 is 1.1270 resulting in 6,982.341 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.