Ajay Patel - Feb 4, 2022 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role
SVP and CAO
Signature
/s/ Sam Schlessinger, attorney in fact for Ajay Patel
Stock symbol
ASRT
Transactions as of
Feb 4, 2022
Transactions value $
-$5,059
Form type
4
Date filed
2/8/2022, 01:34 PM
Previous filing
Dec 2, 2021
Next filing
Feb 14, 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 +4.98K +20.77% $0.00 29K Feb 4, 2022 Direct
transaction ASRT Common Stock Tax liability -$5.06K -1.93K -6.67% $2.62 27K Feb 4, 2022 Direct F1, F2

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 -4.98K -50% $0.00 4.98K Feb 4, 2022 Common Stock 4.98K $0.00 Direct F3, F4, F5
* 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 Includes 1500 shares purchased pursuant to the Issuer's Employee Stock Purchase Plan.
F3 Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock.
F4 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.
F5 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.