13D Filing: Icahn Capital LP and Sandridge Energy Inc (SD)

Page 2 of 3 – SEC Filing

SCHEDULE 13D
Item 1. Security and Issuer
The Schedule 13D filed with the Securities and Exchange Commission on November 22, 2017, as previously amended (the “Schedule 13D”), by High River Limited Partnership, Hopper Investments LLC, Barberry Corp., Icahn Partners Master Fund LP, Icahn Offshore LP, Icahn Partners LP, Icahn Onshore LP, Icahn Capital LP, IPH GP LLC, Icahn Enterprises Holdings L.P., Icahn Enterprises G.P. Inc., Beckton Corp. and Carl C. Icahn (collectively, the “Reporting Persons”), with respect to the shares of common stock, par value $0.001 per share (“Shares”), of Sandridge Energy, Inc. (the “Issuer”), is hereby further amended to furnish the additional information set forth herein.  All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D.
Item 4. Purpose of Transaction
On December 1, 2017, the Reporting Persons delivered to the Issuer a demand, pursuant to Section 220 of the Delaware General Corporation Law, to inspect certain books and records of the Issuer (the “220 Demand”).
The purpose of the 220 Demand is to allow the Reporting Persons to investigate the actions of the Issuer’s senior management and board of directors pertaining to (i) senior management compensation, (ii) the proposed acquisition of Bonanza Creek Energy, and (iii) the poison pill recently adopted by the Issuer’s board of directors.
A copy of the 220 Demand is filed herewith as an exhibit and incorporated herein by reference.
Item 7. Material to be Filed as Exhibits
1
220 Demand dated December 1, 2017.

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