Grayson R. Pranin - Sep 6, 2023 Form 4 Insider Report for SANDRIDGE ENERGY INC (SD)

Signature
/s/ Gaye Wilkerson, Power of Attorney for Grayson R. Pranin
Stock symbol
SD
Transactions as of
Sep 6, 2023
Transactions value $
-$226,372
Form type
4
Date filed
9/8/2023, 05:42 PM
Previous filing
Aug 29, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SD Common Stock Options Exercise $0 +25K +23.25% $0.00 133K Sep 6, 2023 Direct
transaction SD Common Stock Sale -$76.7K -4.74K -3.58% $16.17 128K Sep 6, 2023 Direct F1
transaction SD Common Stock Tax liability -$150K -9.26K -7.24% $16.17 119K Sep 6, 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 -25K -100% $0.00* 0 Sep 6, 2023 Common Stock 25K $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.