Brandon Louis Brown Sr. - 12 Mar 2025 Form 4 Insider Report for SANDRIDGE ENERGY INC (SD)

Role
SVP, Chief Accounting Officer
Signature
/s/ Gaye Wilkerson, Power of Attorney for Brandon Louis Brown, Sr.
Issuer symbol
SD
Transactions as of
12 Mar 2025
Net transactions value
-$14,939
Form type
4
Filing time
17 Mar 2025, 20:20:06 UTC
Previous filing
18 Nov 2024
Next filing
07 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SD Common Stock Award $0 +2,641 +28% $0.000000 11,971 12 Mar 2025 Direct F1
transaction SD Common Stock Tax liability $9,094 -784 -6.5% $11.60 11,187 12 Mar 2025 Direct
transaction SD Common Stock Options Exercise $0 +1,000 +8.9% $0.000000 12,187 13 Mar 2025 Direct
transaction SD Common Stock Tax liability $3,332 -297 -2.4% $11.22 11,890 13 Mar 2025 Direct
transaction SD Common Stock Options Exercise $0 +740 +6.2% $0.000000 12,630 15 Mar 2025 Direct
transaction SD Common Stock Tax liability $2,512 -220 -1.7% $11.42 12,410 15 Mar 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SD Restricted Stock Unit Options Exercise $0 +7,671 $0.000000 7,671 12 Mar 2025 Common Stock 7,671 Direct F2, F3
transaction SD Restricted Stock Unit Options Exercise $0 -1,000 -25% $0.000000 3,000 13 Mar 2025 Common Stock 1,000 Direct F2, F4
transaction SD Restricted Stock Unit Options Exercise $0 -740 -100% $0.000000 0 15 Mar 2025 Common Stock 740 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting and settlement of Performance Share Units granted by the issuer on May 17, 2024, under issuer's 2016 Omnibus Incentive Plan, as amended.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.
F4 Restricted units granted to the reporting person will vest over four years in four increments: (i) 25% on the timely filing of the company's annual report on Form 10-K for the year ended December 31, 2024, (ii) 25% on September 1, 2025, and (iii) 25% on September 1 for each one-year anniversary thereafter.