SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
ODELL RICHARD D

(Last) (First) (Middle)
11465 JOHNS CREEK PARKWAY, SUITE 400

(Street)
JOHNS CREEK GA 30097

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SAIA INC [ SAIA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO of Saia
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/04/2011
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/02/2011 S 20,000 D $14.8114 52,862 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $12.1 02/02/2013 02/01/2017 Common Stock 22,360 22,360 D
Phantom Stock $0 (3) (4) Common Stock 41,565.79 41,565.79 (2) D
Stock Options (Right to Buy) $23 02/03/2008 02/02/2012 Common Stock 5,880 5,880 D
Stock Options (Right to Buy) $27.38 01/28/2009 01/27/2013 Common Stock 9,560 9,560 D
Stock Options (Right to Buy) $26.72 02/02/2010 02/01/2014 Common Stock 11,750 11,750 D
Stock Options (Right to Buy) $26.72 02/02/2010 (1) 02/01/2017 Common Stock 19,990 19,990 D
Stock Options (Right to Buy) $14.71 02/01/2011 01/31/2015 Common Stock 26,040 26,040 D
Stock Options (Right to Buy) $11.96 02/03/2012 02/02/2016 Common Stock 22,400 22,400 D
Explanation of Responses:
1. The options vest one-third in year three, one-third in year four and one-third in year five.
2. Conversion rate of this derivative security on February 2, 2011 is 0.8398 resulting in 34,904.97 shares of common stock (underlying security in column 7).
3. Immediate
4. The shares of phantom stock become payable, in stock, upon reporting person's termination of service as an employee
Remarks:
This amended form corrects the transaction date which was 2/2/2011.
/s/ Stephanie R. Maschmeier 02/05/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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