SAIA INC — Director's Dealing 2023

Mar 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2023-03-06

Reporting Person: COL DOUGLAS L (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-06	Common Stock	M	1233.00	$200.81	Acquired	8288.00	Direct
2023-03-06	Common Stock	S	1233.00	$292.9275	Disposed	7055.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-06	Stock Options (Right to Buy)	$200.81	M	1233.00	Disposed	2028-02-11	Common Stock (1233.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (3197.001)	3197.001	Direct
Stock Options (Right to Buy)	$277.86	2029-02-07	Common Stock (1550.00)	1550.00	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $292.9011 USD to $292.942 USD; the price reported above reflects the weighted average sale price.

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 March 6, 2023 is 1.1433 resulting in 3,655.110 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.