SAIA INC — Director's Dealing 2024

Feb 12, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2024-02-08

Reporting Person: RAMU RAYMOND R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-08	Common Stock	F	294.00	$553.10	Disposed	6390.00	Direct
2024-02-09	Common Stock	S	1943.00	$565.8323	Disposed	4447.00	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (7073.244)	7073.244	Direct
Stock Options (Right to Buy)	$277.86	2029-02-07	Common Stock (1280.00)	1280.00	Direct
Stock Options (Right to Buy)	$200.81	2028-02-11	Common Stock (700.00)	700.00	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 2023.

F2: This transaction was executed in multiple trades at prices ranging from $565.53 USD to $566.495 USD; the price reported above reflects the weighted average sale price.

F3: The conversion rate of this derivative security on February 8, 2024 is 1.1218 resulting in 7,934.937 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.

F6: 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.