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SAIA INC — Director's Dealing 2024
Feb 12, 2024
30746_dirs_2024-02-12_a7366386-d1fd-4403-907a-d194495ef93a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2024-02-08
Reporting Person: SUGAR PATRICK D (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-08 | Common Stock | F | 253.00 | $553.10 | Disposed | 8873.00 | Direct |
| 2024-02-09 | Common Stock | S | 1431.00 | $549.6194 | Disposed | 7442.00 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (317.30) | 317.30 | Direct | |
| Stock Options (Right to Buy) | $277.86 | 2029-02-07 | Common Stock (854.00) | 854.00 | Direct |
| Stock Options (Right to Buy) | $200.81 | 2028-02-11 | Common Stock (377.00) | 377.00 | 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: The conversion rate of this derivative security on February 8, 2024 is 1.1218 resulting in 355.955 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.
F5: 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.