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: 2023-07-31

Reporting Person: COL DOUGLAS L (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-31	Common Stock	F	472.00	$423.14	Disposed	6583.00	Direct
2023-08-01	Common Stock	M	516.00	$277.86	Acquired	7099.00	Direct
2023-08-01	Common Stock	S	574.00	$429.0632	Disposed	6525.00	Direct
2023-08-01	Common Stock	S	516.00	$428.59	Disposed	6009.00	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	516.00	Disposed	2029-02-07	Common Stock (516.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (3197.001)	3197.001	Direct
Stock Options (Right to Buy)	$200.81	2028-02-11	Common Stock (617.00)	617.00	Direct

Footnotes

F1: Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in July 2020.

F2: 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.

F3: The conversion rate of this derivative security on July 31, 2023 is 1.1271 resulting in 3,603.471 shares of common stock (underlying security in column 7).

F4: Immediate

F5: 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.