Paul Schwichtenberg - Dec 31, 2021 Form 5 Insider Report for Assertio Holdings, Inc. (ASRT)

Role: SVP and CFO
Signature: /s/ Sam Schlessinger, attorney in fact for Paul Schwichtenberg
Stock symbol: ASRT
Transactions as of: Dec 31, 2021
Transactions value $: -$3,210
Form type: 5
Date filed: 2/8/2022, 01:26 PM
Previous filing: Dec 2, 2021
Next filing: Feb 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASRT	Common Stock	Options Exercise	$0	+5.71K	+24.25%	$0.00	29.2K	Apr 17, 2021	Direct
transaction	ASRT	Common Stock	Tax liability	-$3.21K	-1.67K	-5.72%	$1.92	27.6K	Apr 17, 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		-5.71K	-100%		0	Apr 17, 2021	Common Stock	5.71K	$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 a contingent right to receive one share of the registrant's common stock.
F3	One-third of these restricted stock units vested on each of April 17, 2019, 2020 and 2021.
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.