SANDRIDGE ENERGY INC — Director's Dealing 2012

Jul 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SANDRIDGE ENERGY INC (SD)
CIK: 0001349436
Period of Report: 2012-07-08

Reporting Person: Serota Jeffrey (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-08	Common Stock	J	3175	—	Disposed	74045	Direct
2012-07-09	Common Stock	J	5491	—	Disposed	68554	Direct

Footnotes

F1: The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 8, 2011, pursuant to which the reporting person has transferred such shares to Ares Management LLC (Ares Management). The trading plan related to the requirements described in footnotes (2) and (3) below.

F2: Jeffrey Serota is associated with Ares Management and certain entities managed by or affiliated with Ares Management (together with Ares Management, the Ares Entities). Pursuant to the policies of the Ares Entities, Mr. Serota holds these securities as a nominee on behalf of, and for the sole benefit of, Ares Management and has assigned all economic, pecuniary and voting rights in respect of these securities to Ares Management. Mr. Serota disclaims beneficial ownership of all shares issued in his name, including shares that previously vested, except to the extent of any pecuniary interest therein, and the filing of this Form 4 shall not be deemed an admission that Mr. Serota is the beneficial owner of, or has any interest in, any such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F3: Amounts reported in this Form 4 do not include any securities of the Issuer held by Ares Corporate Opportunities Fund II, L.P. (ACOF II), Ares SandRidge L.P. (Ares SandRidge) and Ares SandRidge 892 Investors, L.P. (together with Ares SandRidge, the ACOF II AIVs), each of which is indirectly controlled by Ares Management. Mr. Serota disclaims beneficial ownership of all securities of the Issuer held by ACOF II and the ACOF II AIVs, except to the extent of any pecuniary interest therein. The amounts reported herein shall not be deemed an admission that Mr. Serota is the beneficial owner of, or has any interest in, any such securities for purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.