Brendan P. O'Grady - 18 Feb 2025 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role
CEO, Director
Signature
/s/ Sam Schlessinger, attorney-in-fact for Brendan P. O'Grady
Issuer symbol
ASRT
Transactions as of
18 Feb 2025
Transactions value $
$0
Form type
4
Filing time
20 Feb 2025, 18:00:14
Previous filing
15 Nov 2024
Next filing
03 Jun 2025
SEC
View on sec.gov

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 Award $0 +500K $0.00 500K 18 Feb 2025 Common Stock 500K $0.00 Direct F1, F2, F3
transaction ASRT Stock Option (Right to Buy) Award $0 +756K $0.00 756K 18 Feb 2025 Common Stock 756K $0.81 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock.
F2 One-third of these restricted stock units and stock options are scheduled to vest on each of the first three anniversaries of the grant date, assuming continued employment through the applicable vesting date.
F3 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.