Ajay Patel - Feb 7, 2024 Form 4 Insider Report for Assertio Holdings, Inc. (ASRT)

Role
SVP and CFO
Signature
/s/ Sam Schlessinger, attorney in fact for Ajay Patel
Stock symbol
ASRT
Transactions as of
Feb 7, 2024
Transactions value $
$0
Form type
4
Date filed
2/9/2024, 06:00 PM
Previous filing
Sep 13, 2023
Next filing
Feb 13, 2024

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 +75K $0.00 75K Feb 7, 2024 Common Stock 75K $0.00 Direct F1, F2, F3
transaction ASRT Stock Option (right to buy) Award $0 +340K $0.00 340K Feb 7, 2024 Common Stock 340K $0.79 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.