Patrick D. Sugar - Nov 8, 2024 Form 4 Insider Report for SAIA INC (SAIA)

Role
EVP Operations
Signature
/s/ Kelly W. Benton
Stock symbol
SAIA
Transactions as of
Nov 8, 2024
Transactions value $
-$250,119
Form type
4
Date filed
11/12/2024, 04:04 PM
Previous filing
Nov 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Options Exercise $75.7K +377 +5.65% $200.81 7.05K Nov 8, 2024 Direct
transaction SAIA Common Stock Options Exercise $119K +427 +6.06% $277.86 7.48K Nov 8, 2024 Direct
transaction SAIA Common Stock Sale -$236K -427 -5.71% $552.82 7.05K Nov 8, 2024 Direct
transaction SAIA Common Stock Sale -$208K -377 -5.35% $552.82 6.67K Nov 8, 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 Stock Options (Right to Buy) Options Exercise $0 -427 -50% $0.00 427 Nov 8, 2024 Common Stock 427 $277.86 Direct F1
transaction SAIA Stock Options (Right to Buy) Options Exercise $0 -377 -100% $0.00 0 Nov 8, 2024 Common Stock 377 $200.81 Direct F1
holding SAIA Phantom Stock 317 Nov 8, 2024 Common Stock 317 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The conversion rate of this derivative security on November 8, 2024 is 1.1233 resulting in 356.430 shares of common stock (underlying security in column 7).
F3 Immediate
F4 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.