Rohit Lal - Dec 20, 2021 Form 3 Insider Report for SAIA INC (SAIA)

Role: VP Information Technology, CIO
Signature: /s/ Douglas L. Col
Stock symbol: SAIA
Transactions as of: Dec 20, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/30/2021, 03:32 PM
Next filing: Feb 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SAIA	Common Stock						3.42K	Dec 20, 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							Dec 20, 2021	Common Stock	6.54K		Direct	F1, F2, F3
holding	SAIA	Stock Options (Right to buy)							Dec 20, 2021	Common Stock	760	$200.81	Direct	F4
holding	SAIA	Stock Options (Right to buy)							Dec 20, 2021	Common Stock	1.48K	$100.20	Direct	F4
holding	SAIA	Stock Options (Right to buy)							Dec 20, 2021	Common Stock	1.44K	$73.35	Direct
holding	SAIA	Stock Options (Right to buy)							Dec 20, 2021	Common Stock	1.79K	$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 December 20, 2021 is 1.1296 resulting in 7385.786 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.