Ajay Patel - 04 Feb 2022 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: 04 Feb 2022
Net transactions value: -$5,059
Form type: 4
Filing time: 08 Feb 2022, 13:34:23 UTC
Previous filing: 02 Dec 2021
Next filing: 14 Feb 2022
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	+4,983	+21%	$0.000000	28,971	04 Feb 2022	Direct
transaction	ASRT	Common Stock	Tax liability	$5,059	-1,931	-6.7%	$2.62	27,040	04 Feb 2022	Direct	F1, F2

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	-4,983	-50%	$0.000000	4,983	04 Feb 2022	Common Stock	4,983	$0.000000	Direct	F3, F4, F5

* 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	Includes 1500 shares purchased pursuant to the Issuer's Employee Stock Purchase Plan.
F3	Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock.
F4	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.
F5	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.