Douglas L. Col - 05 Aug 2022 Form 4 Insider Report for SAIA INC (SAIA)

Role
Executive VP, CFO & Secretary
Signature
/s/ Kelly W. Benton
Issuer symbol
SAIA
Transactions as of
05 Aug 2022
Net transactions value
-$403,113
Form type
4
Filing time
08 Aug 2022, 16:59:47 UTC
Previous filing
04 Mar 2022
Next filing
08 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Sale $403,113 -1,671 -20% $241.24 6,505 05 Aug 2022 Direct F1

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 3,197 05 Aug 2022 Common Stock 3,197 Direct F2, F3, F4
holding SAIA Stock Options (Right to Buy) 1,550 05 Aug 2022 Common Stock 1,550 $277.86 Direct F5
holding SAIA Stock Options (Right to Buy) 1,850 05 Aug 2022 Common Stock 1,850 $200.81 Direct F5
holding SAIA Stock Options (Right to Buy) 940 05 Aug 2022 Common Stock 940 $100.20 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $241.20 USD to $241.875 USD; the price reported above reflects the weighted average sale price.
F2 The conversion rate of this derivative security on August 5, 2022 is 1.1446 resulting in 3,659.201 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.
F5 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.