SAIA INC — Director's Dealing 2023

Feb 9, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2023-02-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-06	Common Stock	F	1149.00	$293.67	Disposed	13474.00	Direct
2023-02-07	Common Stock	M	2554.00	$100.20	Acquired	16028.00	Direct
2023-02-07	Common Stock	S	6761.00	$295.2155	Disposed	9267.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-07	Stock Options (Right to Buy)	$100.20	M	2554.00	Disposed	2027-02-06	Common Stock (2554.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (5471.744)	5471.744	Direct
Stock Options (Right to Buy)	$277.86	2029-02-07	Common Stock (5070.00)	5070.00	Direct
Stock Options (Right to Buy)	$200.81	2028-02-11	Common Stock (6460.00)	6460.00	Direct

Footnotes

F1: Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 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 February 6, 2023 is 1.1404 resulting in 6,240.213 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.