Frederick J. Holzgrefe III - Aug 2, 2021 Form 4 Insider Report for SAIA INC (SAIA)

Role
President & CEO
Signature
/s/ Stephanie R. Maschmeier
Stock symbol
SAIA
Transactions as of
Aug 2, 2021
Transactions value $
-$128,018
Form type
4
Date filed
8/4/2021, 04:59 PM
Next filing
Nov 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Tax liability -$128K -571 -2.74% $224.20 20.3K Aug 2, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SAIA Phantom Stock 4.58K Aug 2, 2021 Common Stock 4.58K Direct F2, F3, F4
holding SAIA Stock Options (Right to Buy) 6.46K Aug 2, 2021 Common Stock 6.46K $200.81 Direct F5
holding SAIA Stock Options (Right to Buy) 5.11K Aug 2, 2021 Common Stock 5.11K $100.20 Direct F5
holding SAIA Stock Options (Right to Buy) 11.4K Aug 2, 2021 Common Stock 11.4K $66.03 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in August 2017.
F2 The conversion rate of this derivative security on August 2, 2021 is 1.1487 resulting in 5,263.520 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.