Raymond R. Ramu - Aug 2, 2024 Form 4 Insider Report for SAIA INC (SAIA)

Role
Exec. VP & Chief Customer Off.
Signature
/s/ Kelly W. Benton
Stock symbol
SAIA
Transactions as of
Aug 2, 2024
Transactions value $
$448,929
Form type
4
Date filed
8/6/2024, 04:08 PM
Previous filing
Feb 14, 2024
Next filing
Sep 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SAIA Common Stock 4.07K Aug 2, 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 $449K +987 +13.96% $454.77 8.06K Aug 2, 2024 Common Stock 987 Direct F1, F2, F3
holding SAIA Stock Options (Right to Buy) 1.28K Aug 2, 2024 Common Stock 1.28K $277.86 Direct F4
holding SAIA Stock Options (Right to Buy) 700 Aug 2, 2024 Common Stock 700 $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 August 2, 2024 is 1.1303 resulting in 9,110.569 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.