COL DOUGLAS L 4
4 · SAIA INC · Filed Feb 12, 2024
Insider Transaction Report
Form 4
SAIA INCSAIA
COL DOUGLAS L
Executive VP, CFO & Secretary
Transactions
- Tax Payment
Common Stock
2024-02-08$553.10/sh−222$122,788→ 6,632 total
Holdings
- 3,197.001
Phantom Stock
→ Common Stock (3,197.001 underlying) - 1,034
Stock Options (Right to Buy)
Exercise: $277.86Exp: 2029-02-07→ Common Stock (1,034 underlying) - 617
Stock Options (Right to Buy)
Exercise: $200.81Exp: 2028-02-11→ Common Stock (617 underlying)
Footnotes (5)
- [F1]Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2023.
- [F2]The conversion rate of this derivative security on February 8, 2024 is 1.1218 resulting in 3,586.473 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.