SUGAR PATRICK D 4
4 · SAIA INC · Filed Feb 7, 2025
Insider Transaction Report
Form 4
SAIA INCSAIA
SUGAR PATRICK D
EVP Operations
Transactions
- Award
Common Stock
2025-02-05+1,240→ 7,911 total - Tax Payment
Common Stock
2025-02-06$508.47/sh−106$53,898→ 7,805 total
Holdings
- 317.3
Phantom Stock
→ Common Stock (317.3 underlying) - 427
Stock Options (Right to Buy)
Exercise: $277.86Exp: 2029-02-07→ Common Stock (427 underlying)
Footnotes (6)
- [F1]Restricted shares granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the restricted stock award vests each year on the anniversary of the grant date.
- [F2]Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2024.
- [F3]The conversion rate of this derivative security on February 5, 2025 is 1.1328 resulting in 359.435 shares of common stock (underlying security in column 7).
- [F4]Immediate
- [F5]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.
- [F6]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.