Frederick J. Holzgrefe III - Mar 11, 2024 Form 4 Insider Report for SAIA INC (SAIA)

Role
President & CEO
Signature
/s/ Kelly W. Benton
Stock symbol
SAIA
Transactions as of
Mar 11, 2024
Transactions value $
$331,914
Form type
4
Date filed
3/14/2024, 09:19 AM
Previous filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SAIA Common Stock 12.4K Mar 11, 2024 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 Phantom Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $332K +493 +7.96% $672.94 6.69K Mar 11, 2024 Common Stock 493 Direct F1, F2, F3
holding SAIA Stock Options (Right to Buy) 3.38K Mar 11, 2024 Common Stock 3.38K $277.86 Direct F4
holding SAIA Stock Options (Right to Buy) 2.15K Mar 11, 2024 Common Stock 2.15K $200.81 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The conversion rate of this derivative security on March 11, 2024 is 1.1157 resulting in 7,462.662 shares of common stock (underlying security in column 7).
F2 Immediate
F3 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.
F4 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.