Paul Schwichtenberg - 07 Feb 2025 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role
SVP, Chief Transformation Officer
Signature
/s/ Sam Schlessinger, attorney in fact for Paul Schwichtenberg
Issuer symbol
ASRT
Transactions as of
07 Feb 2025
Net transactions value
-$9,921
Form type
4
Filing time
11 Feb 2025, 18:11:17 UTC
Previous filing
14 May 2024
Next filing
20 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASRT Common Stock Options Exercise $0 +25,000 +20% $0.000000 150,101 07 Feb 2025 Direct
transaction ASRT Common Stock Tax liability $9,921 -12,401 -8.3% $0.8000 137,700 07 Feb 2025 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 -25,000 -33% $0.000000 50,000 07 Feb 2025 Common Stock 25,000 $0.000000 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 are scheduled to vest on each of February 7, 2025, 2026 and 2027, 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.

Remarks:

SVP, Chief Transformation Officer