13G Filing: Tyrus Capital and Sandridge Energy Inc (SD)

Page 5 of 9 – SEC Filing

Page 5 of 9 Pages
Item 4.            Ownership:
Item 4(a)        Amount Beneficially Owned:
As of October 20, 2017, each of Tyrus S.A.M. and Mr. Chedraoui may be deemed the beneficial owner of 1,494,709 Shares.  This amount consists of: (A) 829,600 Shares held for the account of Tyrus Ltd., and (B) 644,145 Shares, 14,753 Shares which may be obtained upon exercise of Series A Warrants, and 6,211 Shares which may be obtained upon exercise of Series B Warrants (together with the Series A Warrants, “Warrants”) held for the account of TC Ltd.
Item 4(b)       Percent of Class:
      As of October 20, 2017, each of Tyrus S.A.M. and Mr. Chedraoui may be deemed the beneficial owner of approximately 4.2% of Shares outstanding.  This percentage is based on a total of 35,848,682 Shares outstanding, which has been calculated in accordance with Rule 13d-3(d)(1)(i) and is based on the sum of (i) the 35,827,718 Shares outstanding as of July 31, 2017, based on information in the Issuer’s quarterly report on Form 10-Q filed on August 7, 2017, and (ii) the 20,964 Shares issuable to the Reporting Person upon exercise of Warrants.
Item 4(c)       Number of Shares as to which such person has:
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
1,494,709
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
1,494,709
Item 5.          Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .
Item 6.           Ownership of More than Five Percent on Behalf of Another Person:
This Item 6 is not applicable.
Item 7.          Identification and Classification of the Subsidiary Which Acquired the Security Being
                       Reported on By the Parent Holding Company or Control Person:
See disclosure in Item 2 hereof.

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