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Assertio Holdings, Inc. — Director's Dealing 2022
May 17, 2022
34279_dirs_2022-05-16_9ef8da1b-eca0-466d-984d-41bf598c4532.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Assertio Holdings, Inc. (ASRT)
CIK: 0001808665
Period of Report: 2022-05-12
Reporting Person: Schwichtenberg Paul (SVP and CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-12 | Restricted Stock Units | $0.0 | A | 114051 | Acquired | 2025-05-12 | Common Stock (114051.0) | Direct |
| 2022-05-12 | Stock Option (right to buy) | $2.63 | A | 109649 | Acquired | 2032-05-12 | Common Stock (109649.0) | Direct |
| 2022-05-12 | Restricted Stock Units | $0.0 | A | 200000 | Acquired | Common Stock (200000.0) | Direct | |
| 2022-05-12 | Stock Option (right to buy) | $2.63 | A | 200000 | Acquired | Common Stock (200000.0) | Direct |
Footnotes
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: 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.
F4: These restricted stock units and stock options will only vest if the trading price of registrant's common stock exceeds certain stock price targets prior to the eighth calendar day after the registrant releases its earnings for the second quarter of 2025.