Heather L. Mason - 18 Feb 2022 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role: Director
Signature: /s/ Sam Schlessinger, attorney in fact for Heather L. Mason
Issuer symbol: ASRT
Transactions as of: 18 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 18 Feb 2022, 16:44:56 UTC
Previous filing: 13 May 2021
Next filing: 06 May 2022
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	+3,598	+2.3%	$0.000000	159,455	18 Feb 2022	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	-3,598	-100%	$0.000000^*	0	18 Feb 2022	Common Stock	3,598		Direct	F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	On May 18, 2021 the Issuer effected a 1-for-4 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F2	Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock.
F3	One-third of these restricted stock units are scheduled to vest on each of February 18, 2020, 2021 and 2022, assuming continued service 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.