Salah Gamoudi - 11 Aug 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
Issuer symbol
SD
Transactions as of
11 Aug 2023
Net transactions value
-$797,422
Form type
4
Filing time
15 Aug 2023, 20:27:08 UTC
Previous filing
07 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SD Common Stock Options Exercise $0 +66,666 +35% $0.000000 255,206 11 Aug 2023 Direct
transaction SD Common Stock Tax liability $339,536 -20,491 -8% $16.57 234,715 11 Aug 2023 Direct
transaction SD Common Stock Tax liability $457,886 -28,600 -12% $16.01 206,115 15 Aug 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 -66,666 -100% $0.000000* 0 11 Aug 2023 Common Stock 66,666 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.