Salah Gamoudi - Aug 11, 2023 Form 4 Insider Report for SANDRIDGE ENERGY INC (SD)

Role
EVP, CFO and CAO
Signature
/s/ Gaye Wilkerson, as attorney in fact for Salah Gamoudi
Stock symbol
SD
Transactions as of
Aug 11, 2023
Transactions value $
-$797,422
Form type
4
Date filed
8/15/2023, 08:27 PM
Previous filing
Apr 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SD Common Stock Options Exercise $0 +66.7K +35.36% $0.00 255K Aug 11, 2023 Direct
transaction SD Common Stock Tax liability -$340K -20.5K -8.03% $16.57 235K Aug 11, 2023 Direct
transaction SD Common Stock Tax liability -$458K -28.6K -12.18% $16.01 206K Aug 15, 2023 Direct F1

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 -66.7K -100% $0.00* 0 Aug 11, 2023 Common Stock 66.7K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $15.91 to $16.11; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff.
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.