Paul Schwichtenberg - 04 Feb 2022 Form 4 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: 04 Feb 2022
Net transactions value: -$9,008
Form type: 4
Filing time: 08 Feb 2022, 13:31:53 UTC
Previous filing: 08 Feb 2022
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	+9,966	+36%	$0.000000	37,531	04 Feb 2022	Direct
transaction	ASRT	Common Stock	Tax liability	$9,008	-3,438	-9.2%	$2.62	34,093	04 Feb 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	-9,966	-50%	$0.000000	9,966	04 Feb 2022	Common Stock	9,966	$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 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.