SEC Form 4 · accession 0001562180-19-000893
SAIA INC · SAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul C Peck
Officer — Executive VP Operations
Period of report
Feb 7, 2019
Accepted (ET)
Feb 11, 2019 · 7:32 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 7, 2019 | A | 4,316 | $0.00 | A | 5,444 | D | |
| Common StockF2 | Feb 7, 2019 | F | 1,051 | $66.03 | D | 4,393 | D | |
| Common Stock | Feb 11, 2019 | S | 2,000 | $64.407 | D | 2,393 | 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 | 15,209 | 15,209 | D |
| Stock Options (Right to buy) | $27.45 | holding | — | — | — | Feb 8, 2019 | Feb 8, 2023 | Common Stock | 6,240 | 6,240 | D |
| Stock Options (Right to buy) | $46.35 | holding | — | — | — | Feb 7, 2020 | Feb 7, 2024 | Common Stock | 1,740 | 1,740 | D |
| Stock Options (Right to buy) | $73.35 | holding | — | — | — | Feb 6, 2021 | Feb 6, 2025 | Common Stock | 1,250 | 1,250 | D |
Explanation of responses
- F1Issuance of Performance Unit Awards under the 2011 Omnibus Incentive Plan for the 1/1/16-12/31/18 performance period.
- F2Shares withheld at officer's election to cover tax liabilities incurred upon the issuance of Performance Unit Awards under the 2011 Omnibus Incentive Plan for the 1/1/16-12/31/18 performance period.
- F3The conversion rate of this derivative security on February 7, 2019 is 1.1913 resulting in 18,118.684 shares of common stock (underlying security in column 7).
- F4Immediate
- F5The 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.