Richard D. Odell - 07 Feb 2022 Form 4 Insider Report for SAIA INC (SAIA)

Role: Director
Signature: /s/ Douglas L. Col
Issuer symbol: SAIA
Transactions as of: 07 Feb 2022
Net transactions value: -$4,697,223
Form type: 4
Filing time: 09 Feb 2022, 15:55:36 UTC
Previous filing: 06 Aug 2021
Next filing: 10 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAIA	Common Stock	Award	$0	+30,896	+221%	$0.000000	44,865	07 Feb 2022	Direct	F1
transaction	SAIA	Common Stock	Tax liability	$3,729,159	-13,421	-30%	$277.86	31,444	07 Feb 2022	Direct	F2
transaction	SAIA	Common Stock	Tax liability	$968,064	-3,484	-11%	$277.86	27,960	07 Feb 2022	Direct	F3

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	Stock Options (Right to Buy)						15,780	07 Feb 2022	Common Stock	15,780	$100.20	Direct	F4
holding	SAIA	Stock Options (Right to Buy)						23,550	07 Feb 2022	Common Stock	23,550	$66.03	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Issuance of Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/19-12/31/21 performance period.
F2	Shares withheld at officer's election to cover tax liabilities incurred upon the issuance of Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/19-12/31/21 performance period.
F3	Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2019.
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.