Sigurd Kirk - 23 May 2024 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role
Director
Signature
/s/ Sam Schlessinger, Attorney-in-fact for Sigurd C. Kirk
Issuer symbol
ASRT
Transactions as of
23 May 2024
Transactions value $
$0
Form type
4
Filing time
28 May 2024, 20:03:13 UTC
Previous filing
09 Apr 2024
Next filing
09 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASRT Common Stock Award $0 +53,750 $0 53,750 23 May 2024 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 Stock Option (right to buy) Award $0 +81,225 $0 81,225 23 May 2024 Common Stock 81,225 $1.01 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units were granted on the date of the Issuer's 2024 Annual Meeting of Stockholders in accordance with the Issuer's Nonemployee Director Compensation & Grant Policy. One-third of these restricted stock units are scheduled to vest on each of May 23, 2025, 2026 and 2027, assuming continued service through the applicable vesting date.
F2 Stock options were granted on the date of the Issuer's 2024 Annual Meeting of Stockholders in accordance with the Issuer's Nonemployee Director Compensation & Grant Policy. One-third of these stock options are scheduled to vest on each of May 23, 2025, 2026 and 2027, assuming continued service through the applicable vesting date.
F3 These 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 these derivative securities.