Daniel A. Peisert - 21 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
21 Feb 2023
Net transactions value
$0
Form type
4
Filing time
23 Feb 2023, 19:02:03 UTC
Previous filing
14 Feb 2023
Next filing
15 May 2023
SEC
View on sec.gov

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 Award $0 +205,804 $0.000000 205,804 21 Feb 2023 Common Stock 205,804 $0.000000 Direct F1, F2, F3
transaction ASRT Stock Option (right to buy) Award $0 +226,491 $0.000000 226,491 21 Feb 2023 Common Stock 226,491 $5.18 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock.
F2 One-third of these restricted stock units and stock options are scheduled to vest on each of the first three anniversaries of the grant date, assuming continued employment through the applicable vesting date.
F3 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.