X0306 4 2016-12-16 0001349436 SANDRIDGE ENERGY INC SD 0001543065 Tyrus Capital S.A.M. 4 AVENUE ROQUEVILLE MONACO O9 MC 98000 MONACO true 0001482897 Chedraoui Tony 4 AVENUE ROQUEVILLE MONACO O9 MC 98000 MONACO true Common Stock 2016-12-16 4 C 0 69300 A 1588065 I See Footnotes Common Stock 416619 I See Footnotes 0.00% Convertible Senior Subordinated Notes due 2020 2016-12-16 4 C 0 1299983 0 D 2016-10-04 2020-10-04 Common Stock 69300 20511010 I See Footnotes 0.00% Convertible Senior Subordinated Notes due 2020 2016-10-04 2020-10-04 Common Stock 502174 9420180 I See Footnotes These shares of the Issuer's Common Stock, $0.001 par value per share (the "Shares") or 0.00% Convertible Senior Subordinated Notes due 2020 ("Convertible Notes"), as applicable, are held for the account of Tyrus Capital Event Master Fund Limited. Tyrus Capital S.A.M serves as investment manager to Tyrus Capital Event Master Fund Limited. Mr. Chedraoui is the Chief Investment Officer and control person of Tyrus Capital S.A.M. These Shares and Convertible Notes, as applicable, are held for the account of TC Five Limited. Tyrus Capital S.A.M. serves as investment manager to TC Five Limited. Each Reporting Person disclaims beneficial ownership of the Shares, including Shares obtainable upon conversion of Convertible Notes, except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, or for any other purpose. The Convertible Notes are convertible at a conversion rate of 0.05330841 Shares per $1.00 principal amount of Convertible Notes, subject to adjustment pursuant to the terms of the Convertible Notes. The Convertible Notes are convertible at any time to, and including, the business day immediately preceding the maturity date of October 4, 2020. On the maturity date, the Convertible Notes will mandatorily convert into Shares unless earlier repurchased, redeemed or converted. Tyrus Capital S.A.M., By: Mark Madden, Director /s/ Mark Madden 2016-12-16 /s/ Tony Chedraoui 2016-12-16