Daniel A. Peisert - 04 Feb 2023 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
Issuer symbol: ASRT
Transactions as of: 04 Feb 2023
Net transactions value: -$42,902
Form type: 4
Filing time: 07 Feb 2023, 15:12:48 UTC
Previous filing: 16 May 2022
Next filing: 14 Feb 2023
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	+30,968	+20%	$0.000000	189,370	04 Feb 2023	Direct
transaction	ASRT	Common Stock	Tax liability	$42,902	-10,464	-5.5%	$4.10	178,906	04 Feb 2023	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	-30,968	-100%	$0.000000^*	0	04 Feb 2023	Common Stock	30,968	$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 4, 2021, 2022 and 2023, 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.