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Filing Details

Accession Number:: 0000905148-17-000360
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-02-15 16:56:11
Reporting Period:: 2017-02-13

Filing Date:: 2017-02-15
Accepted Time:: 2017-02-15 16:56:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1349436	Sandridge Energy Inc	SD	Crude Petroleum & Natural Gas (1311)	208084793

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1482897	Tony Chedraoui	4 Avenue Roqueville Monaco O9 MC 98000		No	No	No	No
1543065	S.a.m. Capital Tyrus	4 Avenue Roqueville Monaco O9 MC 98000		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-02-13	1,093,407	$0.00	2,170,361	No	4	C	Indirect	See Footnotes
Common Stock	Acquisiton	2017-02-13	502,174	$0.00	918,793	No	4	C	Indirect	See Footnotes
Common Stock	Disposition	2017-02-14	16,200	$20.52	2,154,161	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See Footnotes
No	4	C	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	0.00% Convertible Senior Subordinated Notes due 2020	Disposition	2017-02-13	0	$0.00	1,093,407	$0.00
Common Stock	0.00% Convertible Senior Subordinated Notes due 2020	Disposition	2017-02-13	0	$0.00	502,174	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2016-10-04	2020-10-04	No	4	C	Indirect
0	2016-10-04	2020-10-04	No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	493,046	Indirect	See Footnotes

Footnotes

These 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 or were held, as applicable, 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.
These Shares or Convertible Notes, as applicable, are or were held, as applicable, for the account of TC Five Limited. Tyrus Capital S.A.M. serves as investment manager to TC Five Limited.
These 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.
Each Reporting Person disclaims beneficial ownership of the Shares, including Shares obtained upon conversion of Convertible Notes and Shares obtainable upon exercise of Warrants, 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.
The Convertible Notes had a conversion rate of approximately 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 were convertible at any time to, and including, the business day immediately preceding the maturity date of October 4, 2020. On February 13, 2017, the Issuer notified all holders of Convertible Notes that a mandatory conversion event had occurred and that all outstanding Convertible Notes would mandatorily convert pursuant to the terms of the indenture governing the Convertible Notes.