Raymond R. Ramu - Sep 9, 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
Sep 9, 2024
Transactions value $
-$334,311
Form type
4
Date filed
9/11/2024, 04:06 PM
Previous filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Sale -$334K -820 -20.13% $407.70 3.25K Sep 9, 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 8.06K Sep 9, 2024 Common Stock 8.06K Direct F1, F2, F3
holding SAIA Stock Options (Right to Buy) 1.28K Sep 9, 2024 Common Stock 1.28K $277.86 Direct F4
holding SAIA Stock Options (Right to Buy) 700 Sep 9, 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 September 9, 2024 is 1.1379 resulting in 9,171.542 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.