SEC Form 4 · accession 0001562180-19-001038
SAIA INC · SAIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond R Ramu
Officer — Exec. VP & Chief Customer Off.
Period of report
Feb 15, 2019
Accepted (ET)
Feb 19, 2019 · 7:42 am 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 15, 2019 | M | 13,440 | $27.45 | A | 33,920 | D | |
| Common Stock | Feb 15, 2019 | M | 4,500 | $43.01 | A | 38,420 | D | |
| Common Stock | Feb 15, 2019 | S | 4,500 | $69.1929 | D | 33,920 | D | |
| Common Stock | Feb 15, 2019 | S | 13,440 | $69.1929 | D | 20,480 | D | |
| Common Stock | Feb 15, 2019 | S | 2,820 | $69.193 | D | 17,660 | 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) | $43.01 | Feb 15, 2019 | M | 4,500 | D | Feb 3, 2018 | Feb 3, 2022 | Common Stock | 4,500 | 0 | D |
| Stock Options (Right to Buy) | $27.45 | Feb 15, 2019 | M | 13,440 | D | Feb 9, 2019 | Feb 9, 2023 | Common Stock | 13,440 | 0 | D |
| Phantom StockF1,F2,F3 | — | holding | — | — | — | — | — | Common Stock | 7,073 | 7,073 | D |
| Stock Options (Right to Buy) | $73.35 | holding | — | — | — | Feb 6, 2021 | Feb 6, 2025 | Common Stock | 3,920 | 3,920 | D |
| Stock Options (Right to Buy) | $66.03 | holding | — | — | — | Feb 7, 2022 | Feb 7, 2026 | Common Stock | 6,500 | 6,500 | D |
| Stock Options (Right to Buy) | $46.35 | holding | — | — | — | Feb 7, 2020 | Feb 7, 2024 | Common Stock | 3,580 | 3,580 | D |
Explanation of responses
- F1The conversion rate of this derivative security on February 15, 2019 is 1.1680 resulting in 8,335.926 shares of common stock (underlying security in column 7).
- F2Immediate
- F3The 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.