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SANDRIDGE ENERGY INC Director's Dealing 2011

Jul 6, 2011

33008_dirs_2011-07-06_8d400319-0569-4b59-90e2-0e2a96692666.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SANDRIDGE ENERGY INC (SD)
CIK: 0001349436
Period of Report: 2011-07-01

Reporting Person: TIPTON TODD N. (EVP - Exploration)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-07-01 Common Stock A 1339 $10.55 Acquired 226145 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 9254 Indirect

Footnotes

F1: Reflects Company matching credit to the deferred compensation account of the reporting person under the SandRidge Energy, Inc. Nonqualified Excess Plan (the "NQ Plan") based on the reporting person's deferrals for the 2nd quarter of 2011. Under the NQ Plan, these credits are deemed to be invested solely in shares of the Company's common stock and will be distributed in shares of the Company's common stock. However, until they are distributed from the NQ Plan, any shares set aside in a trust or otherwise to reflect these credits remain registered in the Company's name and are available to the Company's creditors.