Richard D. Odell - 06 Feb 2023 Form 4 Insider Report for SAIA INC (SAIA)

Role
Director
Signature
/s/ Kelly W Benton
Issuer symbol
SAIA
Transactions as of
06 Feb 2023
Net transactions value
-$2,669,413
Form type
4
Filing time
08 Feb 2023, 15:59:53 UTC
Previous filing
10 Aug 2022
Next filing
10 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 Tax liability $552,981 -1,883 -14% $293.67 11,473 06 Feb 2023 Direct F1
transaction SAIA Common Stock Options Exercise $579,156 +5,780 +50% $100.20 17,253 07 Feb 2023 Direct
transaction SAIA Common Stock Sale $1,704,580 -5,780 -34% $294.91 11,473 07 Feb 2023 Direct
transaction SAIA Common Stock Sale $991,009 -3,363 -29% $294.68 8,110 07 Feb 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 -5,780 -37% $0.000000 10,000 07 Feb 2023 Common Stock 5,780 $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.