Filing Details

Accession Number:
0001209191-10-023371
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-22 13:00:00
Reporting Period:
2010-04-20
Filing Date:
2010-04-22
Accepted Time:
2010-04-22 18:24:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1349436 Sandridge Energy Inc SD Crude Petroleum & Natural Gas (1311) 208084793
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
101618 United States Fire Insurance Co 305 Madison Ave
Morristown NJ 07962
No No Yes No
915191 Can Ltd/ Holdings Financial Fairfax 95 Wellington Street West
Suite 800
Toronto A6 M5J 2N7
No No Yes No
938869 Al Et Prem V Watsa 95 Wellington Street West
Suite 800
Toronto A6 M5J 2N7
No No Yes No
1217251 Sixty Two Investment Co Ltd 1600 Cathedral Place
925 West Georgia St.
Vancouver A1 V6C 3L3
No No Yes No
1243947 Odyssey America Reinsurance Corp 300 First Stamford Place
Stamford CT 06902
No No Yes No
1275986 Ltd Ontario 810679 95 Wellington Street West
Suite 800
Toronto A6 M5J 2N7
No No Yes No
1275993 Ltd Ontario 1109519 95 Wellington Street West
Suite 800
Toronto A6 M5J 2N7
No No Yes No
1276001 North River Insurance Co 305 Madison Ave
Morristown NJ 07962
No No Yes No
1276413 Tig Insurance Co 250 Commercial Street
Suite 500
Manchester NH 03101
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.001 Par Value (Common Shares) Disposition 2010-04-20 7,000,000 $7.15 4,203,600 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares See footnote Acquisiton 2010-04-20 725,000 $116.50 9,048,363 $0.00
Common Shares Preferred Shares Acquisiton 2010-04-21 72,500 $117.00 904,837 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
725,000 No 4 P Indirect
797,500 No 4 P Indirect
Footnotes
  1. Following the transactions reported herein, 277,000 Common Shares are held by V. Prem Watsa and the remaining Common Shares are held by subsidiaries of Fairfax Financial Holdings Limited, including, following the transactions reported herein, 897,600 Common Shares held by Odyssey America Reinsurance Corporation. United States Fire Insurance Company no longer holds any Common Shares.
  2. Each Preferred Share is convertible into 12.4805 Common Shares, subject to adjustment under certain circumstances.
  3. The Preferred Shares are convertible at any time at the holder's option.
  4. After February 20, 2014, Sandridge Energy Inc. may cause all outstanding Preferred Shares to automatically convert into Common Shares at the then-prevailing conversion rate if certain conditions are met.
  5. The Preferred Shares are held by subsidiaries of Fairfax Financial Holdings Limited, including, following the transactions reported herein, 69,000 Preferred Shares held by TIG Insurance Company, 88,800 Preferred Shares held by The North River Insurance Company and its subsidiaries, and 487,600 Preferred Shares held by Odyssey America Reinsurance Corp. and its subsidiaries.
  6. 8.5% Convertible Perpetual Preferred Stock (Preferred Shares)