Daniel A. Peisert - Dec 1, 2021 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role
President and CEO, Director
Signature
/s/ Sam Schlessinger, attorney-in-fact for Daniel A. Peisert
Stock symbol
ASRT
Transactions as of
Dec 1, 2021
Transactions value $
-$739
Form type
4
Date filed
12/2/2021, 05:34 PM
Previous filing
Sep 20, 2021
Next filing
Feb 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASRT Common Stock Options Exercise $0 +2.09K +2.27% $0.00 94.1K Dec 1, 2021 Direct
transaction ASRT Common Stock Tax liability -$739 -564 -0.6% $1.31 93.6K Dec 1, 2021 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 -2.09K -100% $0.00* 0 Dec 1, 2021 Common Stock 2.09K Direct F2, F3, F4
transaction ASRT Stock Options Award $0 +935K $0.00 935K Dec 1, 2021 Common Stock 935K $1.31 Direct F4, F5
* 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 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 December 1, 2019, 2020 and 2021.
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.
F5 One-third of these stock options are scheduled to vest on each of the first 3 anniversaries of the grant date.