SEC Form 4 · accession 0000905148-17-000158
SANDRIDGE ENERGY INC · SD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 4:34 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 StockF5,F1,F4 | Jan 31, 2017 | S | 18,065 | $20.6226 | D | 1,076,954 | I | See Footnotes |
| Common StockF2,F4 | holding | — | — | — | 493,046 | I | See Footnotes | |
| Common StockF3,F4 | holding | — | — | — | 416,619 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of the Issuer's Common Stock, $0.001 par value per share (the "Shares") 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 are held for the account of Tyrus Capital Event S.a r.l. Tyrus Capital S.A.M. serves as investment manager and adviser to Tyrus Capital Event S.a r.l.
- F3These Shares are held for the account of TC Five Limited. Tyrus Capital S.A.M. serves as investment manager to TC Five Limited.
- F4Each Reporting Person disclaims beneficial ownership of the Shares, 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.
- F5The price reported in Column 4 is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $20.6213 to $ $20.8435, inclusive. Each Reporting Person undertakes to provide to Sandridge Energy Inc., and security holders of Sandridge Energy Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth above in this footnote (5) to this Form 4.