Matthew J. Batteh - Feb 18, 2025 Form 4 Insider Report for SAIA INC (SAIA)

Signature
/s/ Kelly W. Benton
Stock symbol
SAIA
Transactions as of
Feb 18, 2025
Transactions value $
-$350,064
Form type
4
Date filed
2/20/2025, 05:03 PM
Previous filing
Feb 11, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Sale -$350K -700 -17.39% $500.09 3.33K Feb 18, 2025 Direct F1

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 279 Feb 18, 2025 Common Stock 279 Direct F2, F3, F4
holding SAIA Stock Options (Right to buy) 470 Feb 18, 2025 Common Stock 470 $277.86 Direct F5
holding SAIA Stock Options (Right to buy) 500 Feb 18, 2025 Common Stock 500 $200.81 Direct F5
holding SAIA Stock Options (Right to buy) 1.11K Feb 18, 2025 Common Stock 1.11K $100.20 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $500.00 USD to $500.20 USD; the price reported above reflects the weighted average sale price.
F2 The conversion rate of this derivative security on February 18, 2025 is 1.1309 resulting in 315.165 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.
F5 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.