Rohit Lal - 21 Nov 2024 Form 4 Insider Report for SAIA INC (SAIA)

Role
EVP IT and CIO
Signature
/s/ Kelly W. Benton
Issuer symbol
SAIA
Transactions as of
21 Nov 2024
Transactions value $
-$374,555
Form type
4
Filing time
25 Nov 2024, 16:10:51 UTC
Previous filing
25 Apr 2024
Next filing
07 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Options Exercise $153K +760 +9.19% $200.81 9.03K 21 Nov 2024 Direct
transaction SAIA Common Stock Options Exercise $100K +360 +3.99% $277.86 9.39K 21 Nov 2024 Direct
transaction SAIA Common Stock Sale -$426K -760 -8.09% $560.00 8.63K 21 Nov 2024 Direct
transaction SAIA Common Stock Sale -$202K -360 -4.17% $560.00 8.27K 21 Nov 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 -360 -66.67% $0.00 180 21 Nov 2024 Common Stock 360 $277.86 Direct F1
transaction SAIA Stock Options (Right to Buy) Options Exercise $0 -760 -100% $0.00 0 21 Nov 2024 Common Stock 760 $200.81 Direct F1
holding SAIA Phantom Stock 6.54K 21 Nov 2024 Common Stock 6.54K Direct F2, F3, F4
holding SAIA Stock Options (Right to buy) 1.48K 21 Nov 2024 Common Stock 1.48K $100.20 Direct F1
* 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 21, 2024 is 1.1234 resulting in 7,345.353 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.