X0303 4 2010-07-16 1 0001123871 ARENA RESOURCES INC ARD 0001389110 Terry Phillip Wayne 11416 EAST 133RD ST. SOUTH BROKEN ARROW OK 74011 0 1 0 0 President Common Stock 2010-07-16 4 D 0 140000 D 0 D Stock Option 37.59 2010-07-16 4 D 0 150000 D 2013-06-01 Common Stock 150000 0 D Stock Option 19.23 2010-07-16 4 D 0 160000 D 2013-07-22 Common Stock 160000 0 D Disposed of pursuant to merger agreement among the issuer, SandRidge Energy, Inc. and Steel Subsidiary Corporation in exchange for 668,794 shares of SandRidge common stock and other merger consideration, with an imputed value of $35.93 per share. This "out of the money" option was cancelled pursuant to the merger agreement among the issuer, SandRidge Energy, Inc. and Steel Subsidiary Corporation. This option was vested and deemed exercised in exchange for 406,766 shares of SandRidge Energy, Inc. common stock pursuant to merger agreement among the issuer, SandRidge and Steel Subsidiary Corporation. Phillip W. Terry 2010-07-16