Douglas L. Col - Mar 2, 2022 Form 4 Insider Report for SAIA INC (SAIA)

Role
Executive VP, CFO & Secretary
Signature
/s/ Douglas L. Col
Stock symbol
SAIA
Transactions as of
Mar 2, 2022
Transactions value $
-$536,509
Form type
4
Date filed
3/4/2022, 03:11 PM
Previous filing
Feb 15, 2022
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Options Exercise $104K +1.58K +19.32% $66.03* 9.76K Mar 2, 2022 Direct
transaction SAIA Common Stock Options Exercise $94.2K +940 +9.64% $100.20 10.7K Mar 2, 2022 Direct
transaction SAIA Common Stock Sale -$461K -1.58K -14.77% $291.68 9.12K Mar 2, 2022 Direct
transaction SAIA Common Stock Sale -$274K -940 -10.31% $291.68 8.18K Mar 2, 2022 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
transaction SAIA Stock Options (Right to Buy) Options Exercise $0 -940 -50% $0.00 940 Mar 2, 2022 Common Stock 940 $100.20 Direct F1
transaction SAIA Stock Options (Right to Buy) Options Exercise $0 -1.58K -100% $0.00* 0 Mar 2, 2022 Common Stock 1.58K $66.03 Direct
holding SAIA Phantom Stock 3.2K Mar 2, 2022 Common Stock 3.2K Direct F2, F3, F4
holding SAIA Stock Options (Right to Buy) 1.55K Mar 2, 2022 Common Stock 1.55K $277.86 Direct F1
holding SAIA Stock Options (Right to Buy) 1.85K Mar 2, 2022 Common Stock 1.85K $200.81 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The conversion rate of this derivative security on March 2, 2022 is 1.1382 resulting in 3,638.819 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.