SEC Form 4 · accession 0001127602-16-040634
SAIA INC · SAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick J Holzgrefe III
Officer — VP Finance, CFO and Secretary
Period of report
Feb 9, 2016
Accepted (ET)
Feb 11, 2016 · 4:24 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 9, 2016 | A | 18,215 | $0.00 | A | 26,151 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $27.45 | Feb 9, 2016 | A | 23,260 | A | Feb 8, 2019 | Feb 8, 2023 | Common Stock | 23,260 | 23,260 | D |
| Phantom StockF2,F3,F4 | — | holding | — | — | — | — | — | Common Stock | 117 | 117 | D |
| Stock Options (Right to Buy) | $43.01 | holding | — | — | — | Feb 3, 2018 | Feb 3, 2022 | Common Stock | 13,110 | 13,110 | D |
Explanation of responses
- F1Restricted shares granted as part of the long-term incentive program approved by the Compensation Committee. The restricted stock award vests 25% in year three, 25% in year four and 50% in year five.
- F2The conversion rate of this derivative security on February 9, 2016 is 1.2372 resulting in 145.24 shares of common stock (underlying security in column 7).
- F3Immediate
- F4The 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.