Douglas L. Col - Aug 5, 2022 Form 4 Insider Report for SAIA INC (SAIA)

Role
Executive VP, CFO & Secretary
Signature
/s/ Kelly W. Benton
Stock symbol
SAIA
Transactions as of
Aug 5, 2022
Transactions value $
-$403,113
Form type
4
Date filed
8/8/2022, 04:59 PM
Previous filing
Mar 4, 2022
Next filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Sale -$403K -1.67K -20.44% $241.24 6.51K Aug 5, 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 3.2K Aug 5, 2022 Common Stock 3.2K Direct F2, F3, F4
holding SAIA Stock Options (Right to Buy) 1.55K Aug 5, 2022 Common Stock 1.55K $277.86 Direct F5
holding SAIA Stock Options (Right to Buy) 1.85K Aug 5, 2022 Common Stock 1.85K $200.81 Direct F5
holding SAIA Stock Options (Right to Buy) 940 Aug 5, 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.