Grayson R. Pranin - 06 Sep 2023 Form 4 Insider Report for SANDRIDGE ENERGY INC (SD)

Signature
/s/ Gaye Wilkerson, Power of Attorney for Grayson R. Pranin
Issuer symbol
SD
Transactions as of
06 Sep 2023
Net transactions value
-$226,372
Form type
4
Filing time
08 Sep 2023, 17:42:15 UTC
Previous filing
29 Aug 2023
Next filing
28 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SD Common Stock Options Exercise $0 +25,000 +23% $0.000000 132,547 06 Sep 2023 Direct
transaction SD Common Stock Sale $76,670 -4,742 -3.6% $16.17 127,805 06 Sep 2023 Direct F1
transaction SD Common Stock Tax liability $149,702 -9,259 -7.2% $16.17 118,546 06 Sep 2023 Direct F2

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) Options Exercise $0 -25,000 -100% $0.000000* 0 06 Sep 2023 Common Stock 25,000 $2.59 Direct F3, F4
* 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 $16.00 to $16.29. 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. The proceeds of this sale were applied to the exercise price of the option exercise reported herein.
F2 This transaction was executed in multiple trades at prices ranging from $16.00 to $16.29. 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.
F3 The stock options vested in one-third increments on each of the first, second and third anniversaries of the grant date.
F4 Reflects approved extension to expiration date for all option holders.