Paul Schwichtenberg - Feb 4, 2022 Form 4 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
Feb 4, 2022
Transactions value $
-$9,008
Form type
4
Date filed
2/8/2022, 01:31 PM
Previous filing
Feb 8, 2022
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASRT Common Stock Options Exercise $0 +9.97K +36.15% $0.00 37.5K Feb 4, 2022 Direct
transaction ASRT Common Stock Tax liability -$9.01K -3.44K -9.16% $2.62 34.1K Feb 4, 2022 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 -9.97K -50% $0.00 9.97K Feb 4, 2022 Common Stock 9.97K $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 are scheduled to vest on each of February 4, 2021, 2022 and 2023, 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.