Sam Schlessinger - 11 Feb 2024 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role: SVP, General Counsel
Signature: /s/ Sam Schlessinger
Issuer symbol: ASRT
Transactions as of: 11 Feb 2024
Net transactions value: -$5,242
Form type: 4
Filing time: 13 Feb 2024, 19:02:16 UTC
Previous filing: 09 Feb 2024
Next filing: 23 Feb 2024
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	+18,939	+24%	$0.000000	98,785	11 Feb 2024	Direct
transaction	ASRT	Common Stock	Tax liability	$5,242	-6,552	-6.6%	$0.8000	92,233	11 Feb 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	Restricted Stock Units	Options Exercise	$0	-18,939	-100%	$0.000000^*	0	11 Feb 2024	Common Stock	18,939	$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 the contingent right to receive one share of common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.
F3	One-third of these restricted stock units are scheduled to vest on each of February 11, 2022, 2023, and 2024, 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.