SEC Form 4 · accession 0000905148-16-002137

SANDRIDGE ENERGY INC · SD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

10% Owner

10% Owner

Period of report

Dec 16, 2016

Accepted (ET)

Dec 20, 2016 · 3:36 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001349436

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F4,F1,F3	Dec 16, 2016	C	69,300	—	A	1,588,065	I	See Footnotes
Common Stock^F2,F3	holding	—	—		—	416,619	I	See Footnotes

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
0.00% Convertible Senior Subordinated Notes due 2020^F1,F3,F4	—	Dec 16, 2016	C	—	D	Oct 4, 2016	Oct 4, 2020	Common Stock	69,300	—	I
0.00% Convertible Senior Subordinated Notes due 2020^F2,F3,F4	—	holding	—	—	—	Oct 4, 2016	Oct 4, 2020	Common Stock	502,174	—	I

F1These shares of the Issuer's Common Stock, $0.001 par value per share (the "Shares") or 0.00% Convertible Senior Subordinated Notes due 2020 ("Convertible Notes"), as applicable, are held for the account of Tyrus Capital Event Master Fund Limited. Tyrus Capital S.A.M serves as investment manager to Tyrus Capital Event Master Fund Limited. Mr. Chedraoui is the Chief Investment Officer and control person of Tyrus Capital S.A.M.
F2These Shares and Convertible Notes, as applicable, are held for the account of TC Five Limited. Tyrus Capital S.A.M. serves as investment manager to TC Five Limited.
F3Each Reporting Person disclaims beneficial ownership of the Shares, including Shares obtainable upon conversion of Convertible Notes, except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, or for any other purpose.
F4The Convertible Notes are convertible at a conversion rate of 0.05330841 Shares per $1.00 principal amount of Convertible Notes, subject to adjustment pursuant to the terms of the Convertible Notes. The Convertible Notes are convertible at any time to, and including, the business day immediately preceding the maturity date of October 4, 2020. On the maturity date, the Convertible Notes will mandatorily convert into Shares unless earlier repurchased, redeemed or converted.