Daniel A. Peisert - Feb 4, 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
Stock symbol
ASRT
Transactions as of
Feb 4, 2023
Transactions value $
-$42,902
Form type
4
Date filed
2/7/2023, 03:12 PM
Previous filing
May 16, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASRT Common Stock Options Exercise $0 +31K +19.55% $0.00 189K Feb 4, 2023 Direct
transaction ASRT Common Stock Tax liability -$42.9K -10.5K -5.53% $4.10 179K Feb 4, 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 -31K -100% $0.00* 0 Feb 4, 2023 Common Stock 31K $0.00 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.