SANDRIDGE ENERGY INC 4

4 · SANDRIDGE ENERGY INC · Filed Oct 20, 2016

Form 4

Period: 2016-10-19

EVP and CFO

Transactions

Footnotes (3)

[F1]On May 16, 2016, Sandridge Energy, Inc. and substantially all of its direct and indirect subsidiaries (collectively, the "Debtors") filed voluntary petitions for relief under chapter 11 of title 11 of United States Code in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"). On September 9, 2016 the Bankruptcy Court entered an order confirming the Amended Order Confirming The Amended Joint Chapter 11 Plan Of Reorganization Of SandRidge Energy, Inc. and Its Debtor Affiliates (the "Plan").
[F2](Continued from Footnote 1) On October 4, 2016 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from the chapter 11 cases. On the Effective Date, all outstanding shares of SandRidge Energy, Inc. old common stock were cancelled and extinguished. The Class A Common Stock is an issue of capital stock created as of the Effective Date and represents an ownership interest in SandRidge Energy, Inc. subsequent to the Effective Date.
[F3]Consists of 381,541 shares of restricted common stock, the restriction of which lapse in one-third (1/3) installments on each of the first, second and third anniversaries of the grant date.

Documents

1 file