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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CHANG WAYNE 123 ROBERT S. KERR AVENUE OKLAHOMA CITY, OK 73102-6406 |
SVP - Midstream |
By: Gaye A. Wilkerson, Power of Attorney | 07/22/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On July 16, 2010, Steel Subsidiary Corporation ("Merger Sub"), a wholly owned subsidiary of SandRidge Energy, Inc. (the "Company"), merged with and into Arena Resources, Inc. ("Arena"), in accordance with that certain Agreement and Plan of Merger, dated as of April 3, 2010, among the Company, Merger Sub and Arena, as amended. The merger transaction constituted a "Change in Control" under the SandRidge Energy, Inc. Nonqualified Excess Plan (the "NQ Plan"). As a result of the Change in Control, the reporting person received a distribution from the NQ Plan. This distribution consisted of cash and shares of the Company's common stock, all of which was subject to tax withholding. The Board of Directors of the Company permitted the executive officers to satisfy the portion of such shares withheld by the Company sufficient to satisfy this tax withholding obligation. |