William Mckee - May 10, 2023 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role: Director
Signature: /s/ Sam Schlessinger, attorney in fact for William T. McKee
Stock symbol: ASRT
Transactions as of: May 10, 2023
Transactions value $: -$69,045
Form type: 4
Date filed: 8/15/2023, 06:00 PM
Previous filing: Jun 17, 2022
Next filing: May 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASRT	Common Stock	Sale	-$69K	-22K	-8.44%	$3.14	239K	Aug 14, 2023	Direct	F1, F2

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2023.
F2	The price reported is a weighted average sale price. The shares were sold in multiple same-way transactions on August 14, 2023 at prices ranging from $3.11 to $3.26 per share of common stock. If requested by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares of common stock sold at each separate price.

Content

The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2023.

The price reported is a weighted average sale price. The shares were sold in multiple same-way transactions on August 14, 2023 at prices ranging from $3.11 to $3.26 per share of common stock. If requested by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares of common stock sold at each separate price.