Ajay Patel - 31 Jul 2021 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role: SVP and CAO
Signature: /s/ Sam Schlessinger, attorney in fact for Ajay Patel
Issuer symbol: ASRT
Transactions as of: 31 Jul 2021
Net transactions value: -$2,861
Form type: 4
Filing time: 03 Aug 2021, 17:03:56 UTC
Previous filing: 24 May 2021
Next filing: 02 Dec 2021
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	+8,060	+44%	$0.000000	26,260	31 Jul 2021	Direct
transaction	ASRT	Common Stock	Tax liability	$2,861	-2,271	-8.6%	$1.26	23,989	31 Jul 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	-8,060	-50%	$0.000000	8,060	31 Jul 2021	Common Stock	8,060	$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 July 31, 2020, 2021 and 2022, 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.