Sam Schlessinger - 07 Feb 2024 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Signature
/s/ Sam Schlessinger
Issuer symbol
ASRT
Transactions as of
07 Feb 2024
Net transactions value
$0
Form type
4
Filing time
09 Feb 2024, 18:02:27 UTC
Previous filing
03 Oct 2023
Next filing
13 Feb 2024

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 Award $0 +62,500 $0.000000 62,500 07 Feb 2024 Common Stock 62,500 $0.000000 Direct F1, F2, F3
transaction ASRT Stock Option (right to buy) Award $0 +283,500 $0.000000 283,500 07 Feb 2024 Common Stock 283,500 $0.7900 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock.
F2 One-third of these restricted stock units and stock options are scheduled to vest on each of the first three anniversaries of the grant date, assuming continued employment through the applicable vesting date.
F3 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.