Assertio (ASRT) Form 3 Assertio / Sam Schlessinger ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Schlessinger Sam

(Last) (First) (Middle)

100 SOUTH SANDERS ROAD, SUITE 300

(Street)

LAKE FORREST IL 60045

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2022

3. Issuer Name and Ticker or Trading Symbol
Assertio Holdings, Inc. [ ASRT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, General Counsel

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	16,632	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	(1)	12/01/2031	Common Stock	235,000	1.31	D
Restricted Stock Units	(2)	10/01/2024	Common Stock	58,212	0.0	D
Restricted Stock Units	(3)	02/11/2024	Common Stock	37,878	0.0	D
Restricted Stock Units	(4)	08/05/2023	Common Stock	14,270	0.0	D

Explanation of Responses:

1. One-third of these stock options are scheduled to vest on each of December 1, 2022, 2023, and 2024, assuming continued employment through the applicable vesting date.

2. One-third of these restricted stock units are scheduled to vest on each of October 1, 2022, 2023, and 2024, assuming continued employment through the applicable vesting date.

3. 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.

4. One-third of these restricted stock units are scheduled to vest on each of August 5, 2021, 2022, and 2023, assuming continued employment through the applicable vesting date.

Remarks:

	/s/ Sam Schlessinger	03/01/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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