Patrick D. Sugar - 02 Aug 2023 Form 4 Insider Report for SAIA INC (SAIA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Aug 2023, 16:31:49 UTC
Prior SEC filing
08 Mar 2023
Next SEC filing
08 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kelly W. Benton

Key filing fact

Patrick D. Sugar filed Form 4 for SAIA INC (SAIA) on 03 Aug 2023.

Key facts

  • This page summarizes Patrick D. Sugar's Form 4 filing for SAIA INC (SAIA).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Aug 2023, 16:31.

Change

  • Previous filing in this sequence was filed on 08 Mar 2023.
  • Current net transaction value: -$912,493.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SAIA transaction

Common Stock

Options Exercise

Transaction value
$151,210
Shares
+753
Change %
+8.5%
Price
$200.81
Shares after
9,622
Date
02 Aug 2023
Ownership
Direct
SAIA transaction

Common Stock

Options Exercise

Transaction value
$118,368
Shares
+426
Change %
+4.4%
Price
$277.86
Shares after
10,048
Date
02 Aug 2023
Ownership
Direct
SAIA transaction

Common Stock

Sale

Transaction value
$321,264
Shares
-753
Change %
-7.5%
Price
$426.65
Shares after
9,295
Date
02 Aug 2023
Ownership
Direct
Footnotes
F1
SAIA transaction

Common Stock

Sale

Transaction value
$679,133
Shares
-1,592
Change %
-17%
Price
$426.59
Shares after
7,703
Date
02 Aug 2023
Ownership
Direct
SAIA transaction

Common Stock

Sale

Transaction value
$181,674
Shares
-426
Change %
-5.5%
Price
$426.47
Shares after
7,277
Date
02 Aug 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SAIA transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-426
Change %
-33%
Price
$0.000000
Shares after
854
Date
02 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
426
Exercise price
$277.86
Footnotes
F3
SAIA transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-753
Change %
-67%
Price
$0.000000
Shares after
377
Date
02 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
753
Exercise price
$200.81
Footnotes
F3
SAIA holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
317
Date
02 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
317
Exercise price
Footnotes
F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

This transaction was executed in multiple trades at prices ranging from $426.57 USD to $426.77 USD; the price reported above reflects the weighted average sale price.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $426.39 USD to $426.57 USD; the price reported above reflects the weighted average sale price.

Footnote F3

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.

Footnote F4

The conversion rate of this derivative security on August 2, 2023 is 1.1270 resulting in 357.598 shares of common stock (underlying security in column 7).

Footnote F5

Immediate

Footnote F6

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.

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