Richard D. Odell - Feb 6, 2023 Form 4 Insider Report for SAIA INC (SAIA)

Role
Director
Signature
/s/ Kelly W Benton
Stock symbol
SAIA
Transactions as of
Feb 6, 2023
Transactions value $
-$2,669,413
Form type
4
Date filed
2/8/2023, 03:59 PM
Previous filing
Aug 10, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Tax liability -$553K -1.88K -14.1% $293.67 11.5K Feb 6, 2023 Direct F1
transaction SAIA Common Stock Options Exercise $579K +5.78K +50.38% $100.20 17.3K Feb 7, 2023 Direct
transaction SAIA Common Stock Sale -$1.7M -5.78K -33.5% $294.91 11.5K Feb 7, 2023 Direct
transaction SAIA Common Stock Sale -$991K -3.36K -29.31% $294.68 8.11K Feb 7, 2023 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 -5.78K -36.63% $0.00 10K Feb 7, 2023 Common Stock 5.78K $100.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2020.
F2 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.