Raymond R. Ramu - Nov 3, 2021 Form 4 Insider Report for SAIA INC (SAIA)

Role
Exec. VP & Chief Customer Off.
Signature
/s/ Douglas L. Col
Stock symbol
SAIA
Transactions as of
Nov 3, 2021
Transactions value $
-$346,703
Form type
4
Date filed
11/4/2021, 06:12 PM
Previous filing
Aug 4, 2021
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Sale -$173K -505 -6.77% $342.18 6.95K Nov 3, 2021 Direct
transaction SAIA Common Stock Sale -$174K -505 -7.27% $344.36 6.45K Nov 3, 2021 Direct

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 7.07K Nov 3, 2021 Common Stock 7.07K Direct F1, F2, F3
holding SAIA Stock Options (Right to Buy) 2.1K Nov 3, 2021 Common Stock 2.1K $200.81 Direct F4
holding SAIA Stock Options (Right to Buy) 3.25K Nov 3, 2021 Common Stock 3.25K $100.20 Direct F4
holding SAIA Stock Options (Right to Buy) 6.5K Nov 3, 2021 Common Stock 6.5K $66.03 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The conversion rate of this derivative security on November 3, 2021 is 1.1294 resulting in 7,988.543 shares of common stock (underlying security in column 7).
F2 Immediate
F3 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.
F4 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.