Sam Schlessinger - Aug 5, 2023 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role: SVP, General Counsel
Signature: /s/ Sam Schlessinger
Stock symbol: ASRT
Transactions as of: Aug 5, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/8/2023, 07:00 PM
Previous filing: May 15, 2023
Next filing: Sep 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASRT	Common Stock	Options Exercise	$0	+7.14K	+6.47%	$0.00	117K	Aug 5, 2023	Direct
transaction	ASRT	Common Stock	Tax liability	$0	-3.16K	-2.69%	$0.00	114K	Aug 5, 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ASRT	Restricted Stock Units	Options Exercise	$0	-7.14K	-50%	$0.00	7.14K	Aug 5, 2023	Common Stock	7.14K	$0.00	Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock withheld for payment of taxes upon the vesting of restricted stock units.
F2	Each restricted stock unit represents the contingent right to receive one share of common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.
F3	One-third of these restricted stock units were scheduled to vest on each of October 1, 2022, 2023, and 2024, assuming continued employment through the applicable vesting date.
F4	The derivative securities were granted to the reporting person, and were not sold to the reporting person. As such, the reporting person did not pay any consideration for the derivative securities.