Grayson R. Pranin - 27 Aug 2021 Form 4 Insider Report for SANDRIDGE ENERGY INC (SD)

Role
President, CEO and COO
Signature
/s/ Gaye Wilkerson, Power of Attorney for Grayson R. Pranin
Issuer symbol
SD
Transactions as of
27 Aug 2021
Net transactions value
$0
Form type
4
Filing time
01 Sep 2021, 18:52:50 UTC
Previous filing
13 Aug 2021
Next filing
02 Mar 2022
SEC
View on sec.gov

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 Non-Qualified Stock Option (Right to Buy) Award $0 +250,000 $0.000000 250,000 27 Aug 2021 Common Stock 250,000 $9.58 Direct F1
transaction SD Restricted Stock Unit Award $0 +100,000 $0.000000 100,000 27 Aug 2021 Common Stock 100,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in five equal annual installments of 50,000 options each beginning on August 27, 2022. The option expires on August 27, 2031.
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.