X0306 4 2017-02-13 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 2017-02-13 4 C 0 1093407 A 2170361 I See Footnotes Common Stock 2017-02-13 4 C 0 502174 A 918793 I See Footnotes Common Stock 2017-02-14 4 S 0 16200 20.5218 D 2154161 I See Footnotes Common Stock 493046 I See Footnotes 0.00% Convertible Senior Subordinated Notes due 2020 2017-02-13 4 C 0 20511010 0 D 2016-10-04 2020-10-04 Common Stock 1093407 0 I See footnotes 0.00% Convertible Senior Subordinated Notes due 2020 2017-02-13 4 C 0 9420180 0 D 2016-10-04 2020-10-04 Common Stock 502174 0 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 or were held, as applicable, 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 or Convertible Notes, as applicable, are or were held, as applicable, for the account of TC Five Limited. Tyrus Capital S.A.M. serves as investment manager to TC Five Limited. These Shares are held for the account of Tyrus Capital Event S.a r.l. Tyrus Capital S.A.M. serves as investment manager and adviser to Tyrus Capital Event S.a r.l. Each Reporting Person disclaims beneficial ownership of the Shares, including Shares obtained upon conversion of Convertible Notes and Shares obtainable upon exercise of Warrants, 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 had a conversion rate of approximately 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 were convertible at any time to, and including, the business day immediately preceding the maturity date of October 4, 2020. On February 13, 2017, the Issuer notified all holders of Convertible Notes that a mandatory conversion event had occurred and that all outstanding Convertible Notes would mandatorily convert pursuant to the terms of the indenture governing the Convertible Notes. Tyrus Capital S.A.M., By: Mark Madden, Director /s/ Mark Madden 2017-02-15 /s/ Tony Chedraoui 2017-02-15