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

Role: SVP and CFO
Signature: /s/ Sam Schlessinger, attorney in fact for Paul Schwichtenberg
Issuer symbol: ASRT
Transactions as of: 31 Dec 2021
Net transactions value: -$3,210
Form type: 5
Filing time: 08 Feb 2022, 13:26:09 UTC
Previous filing: 02 Dec 2021
Next filing: 08 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	+5,707	+24%	$0.000000	29,237	17 Apr 2021	Direct
transaction	ASRT	Common Stock	Tax liability	$3,210	-1,672	-5.7%	$1.92	27,565	17 Apr 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		-5,707	-100%		0	17 Apr 2021	Common Stock	5,707	$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 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.