Key facts
- This page summarizes Sam Schlessinger's Form 4 filing for Assertio Holdings, Inc. (ASRT).
- 7 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 15 May 2023, 20:58.
Sam Schlessinger - 12 May 2023 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)
- Reporting relationship
- SVP, General Counsel
- Issuer ticker
- ASRT
- Reported as of
- 12 May 2023
- Net transaction value
- -$1,328,836
- SEC form
- 4
- Accepted by SEC
- 15 May 2023, 20:58:54 UTC
- Prior SEC filing
- 23 Feb 2023
- Next SEC filing
- 08 Aug 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Sam Schlessinger
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Sam Schlessinger filed Form 4 for Assertio Holdings, Inc. (ASRT) on 15 May 2023.
Change
- Previous filing in this sequence was filed on 23 Feb 2023.
- Current net transaction value: -$1,328,836.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ASRT
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +38,017
- Change %
- +83%
- Price
- $0.000000
- Shares after
- 84,003
- Date
- 12 May 2023
- Ownership
- Direct
- Footnotes
- F1
ASRT
transaction
Common Stock
Tax liability
- Transaction value
- $128,834
- Shares
- -16,841
- Change %
- -20%
- Price
- $7.65
- Shares after
- 67,162
- Date
- 12 May 2023
- Ownership
- Direct
- Footnotes
- F2
ASRT
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +200,000
- Change %
- +298%
- Price
- $0.000000
- Shares after
- 267,162
- Date
- 12 May 2023
- Ownership
- Direct
- Footnotes
- F1
ASRT
transaction
Common Stock
Tax liability
- Transaction value
- $677,790
- Shares
- -88,600
- Change %
- -33%
- Price
- $7.65
- Shares after
- 178,562
- Date
- 12 May 2023
- Ownership
- Direct
- Footnotes
- F2
ASRT
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $522,212
- Shares
- -68,263
- Change %
- -38%
- Price
- $7.65
- Shares after
- 110,299
- Date
- 12 May 2023
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ASRT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -38,017
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 76,034
- Date
- 12 May 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 38,017
- Exercise price
- $0.000000
- Footnotes
- F1, F4, F5
ASRT
transaction
Derivative
Performance-Based Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -200,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 12 May 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 200,000
- Exercise price
- $0.000000
- Footnotes
- F1, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
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 or a combination of shares of common stock and cash.
Footnote F2
Represents shares of common stock withheld for payment of taxes upon the vesting of restricted stock units.
Footnote F3
In accordance with SEC rules, the settlement of the restricted stock units for cash is reported on this Form 4 as an acquisition of the underlying common stock and a simultaneous disposition to the registrant for cash.
Footnote F4
On May 12, 2022, the reporting person was granted 114,051 restricted stock units. One-third of these restricted stock units are scheduled to vest on May 12, 2023, 2024, and 2025, assuming continued employment through the applicable vesting date.
Footnote F5
These 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 these derivative securities.
Footnote F6
The restricted stock units were fully vested on May 12, 2023, as the trading price of the registrant's common stock exceeded certain stock price targets prior to the eighth calendar day after the registrant releases its earnings for the second quarter of 2025. After taking into effect the 88,600 shares of common stock withheld for payment of taxes, the remainder of the restricted stock unit grant was settled 68,263 shares in cash and 43,137 in shares of common stock.