13D Filing: Fir Tree and Sandridge Energy Inc (SD)

Page 6 of 9 – SEC Filing

Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
The Fir Tree Funds hold Series A Warrants to purchase an aggregate of 324,169 shares of Common Stock and Series
B Warrants to purchase an aggregate of 136,489 shares of Common Stock, issued pursuant to that certain Warrant Agreement dated
as of October 3, 2016, between the Issuer and American Stock Transfer & Trust Company, LLC, as Warrant Agent. The Series A
Warrants have an exercise price of $41.34 and the Series B Warrants have an exercise price of $42.03, subject, in each case, to
adjustments pursuant to the terms of the Warrants. The Warrants expire on October 4, 2022. The Reporting Person cannot exercise
such Warrants if the Reporting Person together with its affiliates would beneficially own, after such exercise, more than 9.99%
of the outstanding shares of Common Stock.
Except as set forth herein and in Item 4, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 hereof and between such persons and any person with respect to any securities of the Issuer, including but not limited to transfer or voting of any other securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies, including any securities pledged or otherwise subject to a contingency the occurrence of which would give another person voting power or investment power over such securities other than standard default and similar provisions contained in loan agreements.

 

Item 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit A: Fir Tree Press Release, dated November 20, 2017.

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