Frederick J. Holzgrefe III - Aug 4, 2022 Form 4 Insider Report for SAIA INC (SAIA)

Role: President & CEO
Signature: /s/ Kelly W. Benton
Stock symbol: SAIA
Transactions as of: Aug 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/8/2022, 04:55 PM
Previous filing: Aug 3, 2022
Next filing: Feb 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SAIA	Common Stock						14.6K	Aug 4, 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	Phantom Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$0	+183	+3.47%	$0.00	5.47K	Aug 4, 2022	Common Stock	183		Direct	F1, F2, F3
holding	SAIA	Stock Options (Right to Buy)						5.07K	Aug 4, 2022	Common Stock	5.07K	$277.86	Direct	F4
holding	SAIA	Stock Options (Right to Buy)						6.46K	Aug 4, 2022	Common Stock	6.46K	$200.81	Direct	F4
holding	SAIA	Stock Options (Right to Buy)						2.55K	Aug 4, 2022	Common Stock	2.55K	$100.20	Direct	F4

* 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 August 4, 2022 is 1.1475 resulting in 6,278.957 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.