SEC Form 4 · accession 0001127602-15-004879
SAIA INC · SAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard D Odell
Officer — President & CEO of Saia
Period of report
Feb 5, 2015
Accepted (ET)
Feb 6, 2015 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001177702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 5, 2015 | S | 20,431 | $43.2858 | D | 56,792 | D | |
| Common StockF2 | Feb 5, 2015 | S | 22,630 | $43.4837 | D | 34,162 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F4,F5 | — | holding | — | — | — | — | — | Common Stock | 43,071 | 43,071 | D |
| Stock Options (Right to Buy) | $27.28 | holding | — | — | — | Apr 30, 2016 | Apr 29, 2020 | Common Stock | 45,885 | 45,885 | D |
| Stock Options (Right to Buy) | $31.50 | holding | — | — | — | Feb 4, 2017 | Feb 3, 2021 | Common Stock | 39,600 | 39,600 | D |
| Stock Options (Right to Buy) | $43.01 | holding | — | — | — | Feb 3, 2018 | Feb 3, 2022 | Common Stock | 41,950 | 41,950 | D |
Explanation of responses
- F1The prices reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.79 to $43.39, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F2The prices reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.40 to $43.80, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F3The conversion rate of this derivative security on February 5, 2015 is 1.1994 resulting in 51,658.31 shares of common stock (underlying security in column 7).
- F4Immediate
- F5The shares of phantom stock become payable in the Company's stock upon reporting person's termination of service as an employee, in accordance with the terms of the Plan.