SEC Form 4 · accession 0001562180-19-000949
SAIA INC · SAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick J Holzgrefe III
Officer — President & COO
Period of report
Feb 11, 2019
Accepted (ET)
Feb 13, 2019 · 6:42 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 Stock | Feb 11, 2019 | F | 2,065 | $65.41 | D | 45,196 | D | |
| Common Stock | Feb 11, 2019 | S | 10,932 | $64.416 | D | 34,264 | D | |
| Common Stock | Feb 12, 2019 | M | 23,260 | $27.45 | A | 57,524 | D | |
| Common Stock | Feb 12, 2019 | S | 23,260 | $67.511 | D | 34,264 | D | |
| Common Stock | Feb 12, 2019 | S | 2,488 | $67.678 | D | 31,776 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F3,F4 | — | Feb 12, 2019 | I | 744 | A | — | — | Common Stock | 744 | 3,306 | D |
| Stock Options (Right to Buy) | $27.45 | Feb 12, 2019 | M | 23,260 | D | Feb 9, 2019 | Feb 9, 2023 | Common Stock | 23,260 | 0 | D |
| Stock Options (Right to Buy) | $73.35 | holding | — | — | — | Feb 6, 2021 | Feb 6, 2025 | Common Stock | 8,120 | 8,120 | D |
| Stock Options (Right to Buy) | $66.03 | holding | — | — | — | Feb 7, 2022 | Feb 7, 2026 | Common Stock | 11,430 | 11,430 | D |
| Stock Options (Right to Buy) | $46.35 | holding | — | — | — | Feb 7, 2020 | Feb 7, 2024 | Common Stock | 6,190 | 6,190 | D |
Explanation of responses
- F1Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2016.
- F2The conversion rate of this derivative security on February 12, 2019 is 1.1741 resulting in 3,881.763 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.