Matthew J. Batteh - May 13, 2024 Form 3 Insider Report for SAIA INC (SAIA)

Role: Chief Financial Officer
Signature: /s/ Kelly W. Benton
Stock symbol: SAIA
Transactions as of: May 13, 2024
Transactions value $: $0
Form type: 3
Date filed: 5/15/2024, 04:08 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SAIA	Common Stock						1.47K	May 13, 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
holding	SAIA	Phantom Stock							May 13, 2024	Common Stock	279		Direct	F1, F2, F3
holding	SAIA	Stock Options (Right to buy)							May 13, 2024	Common Stock	470	$277.86	Direct	F4
holding	SAIA	Stock Options (Right to buy)							May 13, 2024	Common Stock	500	$200.81	Direct
holding	SAIA	Stock Options (Right to buy)							May 13, 2024	Common Stock	1.11K	$100.20	Direct

* 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 May 13, 2024 is 1.1309 resulting in 315.174 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.